Verizon has acquired cloud migration specialist CloudSwitch with the aim of combining the company with services provider Terremark.
Massachusetts-based CloudSwitch develops tools to move data between on-premise and cloud computing systems. Verizon said that the deal will allow the company to provide better management services for hybrid cloud deployments and cloud-to-cloud migration.
"The cloud market is a rapidly growing opportunity, with very real benefits for our business customers and the consumers they serve," said Verizon global enterprise unit president Bob Toohey.
"With the acquisition of CloudSwitch, Verizon has taken another step forward in defining the enterprise cloud."
Verizon plans to merge CloudSwitch with Terremark, which the firm acquired early this year, to extend Verizon's cloud computing operations beyond its own in-house services.
The integration of Terremark was further solidified when Verizon replaced Terremark chief executive Manuel Medina with Verizon group president Kerry Baily in May.
The CloudSwitch acquisition is the latest in Verizon's efforts to extend its IT services operation. The company boosted its network capacity in March with the installation of a 100Gbit/s Ethernet line in Europe.
Terms of the deal were not disclosed.
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