Verizon Sells its private cloud to IBM

Verizon Sells its private cloud to IBM

IBM's news feed is silent on the aspect, but Verizon VZ 38,83 +0,04 +0,10% have issued a press release on selling the Verizon cloud and managed hosting service to IBM International Business Machines Corporation 126,41 -0,56 -0,44%. It states that Verizon and IBM will be working on some strategic initiatives in and networking.

After the sale of some of Verizon's data centers to Equinix, this would be another element of the divestiture of Verizon's data center assets. If buys these, then they will likely be integrated into their IBM bluemix cloud solution (previously the SoftLayer ).

IBM has not yet publicly verified the story at this time. Other sites reported this such as TechCrunch, TheRegister, FierceTelecom, and others. These probably (like this post) use the Verizon announcement as their source.

John Dixon

John Dixon is the Principal Consultant of thirteen-ten nanometre networks Ltd, based in Wiltshire, United Kingdom. He has a wide range of experience, (including, but not limited to) operating, designing and optimizing systems and networks for customers from global to domestic in scale. He has worked with many international brands to implement both data centres and wide-area networks across a range of industries. He is currently supporting a major SD-WAN vendor on the implementation of an environment supporting a major global fast-food chain.

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