Verizon buys EdgeCast, bolsters CDN effort

Summary:The telecom giant said it will merge EdgeCast's technology and network into its Verizon Digital Media Services unit.

Verizon said Monday it will buy content delivery network provider EdgeCast.

The telecom giant said it will merge EdgeCast's technology and network into its Verizon Digital Media Services unit.

EdgeCast has more than 6,000 customers.

The deal, which will close in early 2014, will make Verizon more of a competitor with Akamai. Verizon said EdgeCast will better enable it to offer content and site delivery services to media companies, retailers and enterprises.

TechCrunch initially reported the acquisition and said Verizon paid about $350 million.

Here's a look at the EdgeCast network regions. Verizon will likely expand that footprint.

edgecastmap

 

Topics: Networking

About

Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic. He was most recently Executive Editor of News and Blogs at ZDNet. Prior to that he was executive news editor at eWeek and news editor at Baseline. He also served as the East Coast news editor and finance editor at CN... Full Bio

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