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Verizon acquires EdgeCast to boost video capabilities

2013-12-09 16:44:04| InfoWorld: Top News

Verizon has signed an agreement to acquire EdgeCast Networks, in an effort to enhance its video delivery and Web services capabilities. The growth of online video, both in fixed and mobile networks has made content delivery networks such as EdgeCast and the services they offer more interesting. Verizon's Digital Media Services unit will integrate EdgeCast's capabilities to further improve "ability to meet the exponential growth in online digital media content, as well as broaden its portfolio of site acceleration services for enterprises," the operator said on Monday.

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