Verizon plans to acquire content delivery network EdgeCast, the company announced on Monday.
EdgeCast offers a global network of servers designed to help Web sites better handle surges in traffic and stream content to thousands of users at the same time. As such, Verizon expects the deal to help it meet the increasing demand for online media.
"The combination of EdgeCast and Verizon Digital Media Services will allow us to fully exploit and accelerate growth in Internet media consumption and online business performance," Bob Toohey, president of Verizon Digital Media Services, said in a statement. "EdgeCast's … Read more