Telecom giant Verizon Communication announced on Thursday that it acquired Burlington based cloud software technology provider, CloudSwitch.
According to Verizon, the deal has been inked by the company with the view of capitalising on CloudSwitch’s expertise on innovative cloud based software services, which could ease up the process of switching to the cloud for enterprises, thus eventually causing its widespread industry-adoption.
CloudSwitch is headquartered in Burlington, MA, and it is led by a handful of veteran entrepreneurs from EMC, BMC, RSA, Netezza, Sun Microsystem and SolidWorks. The company describes itself as the “enterprise gateway to the cloud”.
"By joining Verizon, we will be able to deliver a solution that combines our software with the market-leading infrastructure cloud play,” said John McEleney, CEO of CloudSwitch.
“Together, we will be able to provide enterprises with an unmatched level of flexibility, scalability and control in the cloud with point-and-click simplicity. This will go a long way in helping achieve widespread adoption of the cloud, especially when managing complex workloads," he added.
Meanwhile, Bob Toohey, president of Verizon's global enterprise unit expressed his opinion on this latest acquisition by saying that integration of CloudSwitch into Verizon will help the latter significantly in “defining the enterprise cloud”.