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Slide #81. Verizon — EdgeCast Networks
Driving to deepen and enhance its video delivery and Web services capabilities, Verizon today announced a definitive agreement under which the company will acquire EdgeCast, an industry leader in content delivery networks.
Verizon Communications is a holding company. Through its subsidiaries, Co. provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. Co. has two reportable segments: Verizon Consumer Group, which provides consumer-focused wireless and wireline communications services and products under the Verizon brand and through wholesale and other arrangements; and Verizon Business Group, which provides wireless and wireline communications services and products, including data, video and data conferencing services, security and managed network services, local and long distance voice services and network access.
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