Cloud software start-up, CloudSwitch, has been snapped up by Verizon for an undisclosed sum. The three-year-old company specialises in high security management of enterprise grade applications running via the cloud. The start-up had raised around $US15 million from Boston based VC firms to date. Verizon is set to integrate …
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two losers make 3?
Verizon and Terramark.
Verizon wouldn't exist if it didn't have monopoly rights.
They lock out other cell providers & still have their bell monopoly with the landlines.
They buy up these loser companies only to turn them into much larger losers.