Verizon to acquire CDN Edgecast to enhance media services — Tech News and Analysis

After a weekend of rumors, Verizon announced Monday morning that it plans to acquire Edgecast, one of the few outwardly profitable content delivery networks. While no price was given, TechCrunch estimates that the acquisition could cost Verizon more than $350 million.The acquisition is expected to be final early next year.

via Verizon to acquire CDN Edgecast to enhance media services — Tech News and Analysis.

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