ADVFN - Advanced Financial Network.
HOME» NYSE » V » VZ Stock Price » VZ Stock News

Verizon Share News

 Verizon Communications Stock Price
VZ Stock Price
 Verizon Communications Stock Chart
VZ Stock Chart
 Verizon Communications Stock News
VZ Stock News
 Verizon Communications Company Information
VZ Company Information
 Verizon Communications Stock Trades
VZ Stock Trades

EMC to Partner with Verizon-Terremark on Cloud Offerings

By Shara Tibken EMC Corp. (EMC) is teaming up with Verizon Corp.'s (VZ) Terremark unit to provide cloud-computing products to customers, boosting EMC's footprint in the fast-growing market. EMC--the Hopkinton, Mass., provider of storage, security and other data-center products--said Verizon-Terremark will be standardizing its private cloud business on EMC infrastructure. Such clouds typically involve infrastructure managed for one organization. Verizon-Terremark also will offer public and hybrid clouds that use EMC technology, with hopes the company will eventually standardize those offerings on EMC infrastructure as well, said Howard Elias, EMC president and chief operating officer of information infrastructure and cloud services. The agreement with Verizon-Terremark is similar to deals EMC has reached with companies such as AT&T Inc. (T) and Singapore Telecommunications Ltd. Mr. Elias declined to provide terms of the Verizon-Terremark agreement. "There are no financial details we're disclosing, but it's significant for both companies," Mr. Elias said. "There was already a strong and growing relationship between the companies, and this amplifies that." The news comes the same day as EMC rival Oracle Corp. (ORCL) plans to unveil its new cloud offering. Many companies see a big market in cloud computing, which reduces costs by allowing users to access their applications and data over the Internet or internal networks. EMC views the hybrid cloud, which keeps some data in-house and other data on shared infrastructure, as a particularly large opportunity. EMC says its strategy differs from Oracle, Amazon.com Inc. (AMZN) and other competitors as it will allow customers to move their data more easily between cloud providers, as well as between their own data centers and cloud products. "Customers still don't want to give up control of their applications, workload and data, and they want the choice of where to put their workloads," Mr. Elias said. "They also want the choice to move them back and forth," which they can do with a common infrastructure. Write to Shara Tibken at shara.tibken@dowjones.com

Stock News for Verizon (VZ)
DateTimeHeadline
07/25/201617:57:00Meet the Verizon Woman Behind the Yahoo Deal
07/25/201616:16:006 Questions Marketers Have for AOL-Owner Verizon as It Buys Yahoo
07/25/201615:50:006 Questions Marketers Have for AOL-Owner Verizon as It Buys Yahoo
07/25/201615:04:00Verizon Doubles Down on Media With Yahoo Deal -- Update
07/25/201615:00:00Verizon Doubles Down on Media With Yahoo Deal
07/25/201613:15:00Verizon Doubles Down on Media With Yahoo Deal
07/25/201612:31:00CMO Today: Verizon Confirms $4.8 Billion Acquisition of Yahoo
07/25/201608:00:00J.D. Power ranks Verizon Enterprise highest in customer satisfaction...
07/25/201607:33:53Current Report Filing (8-k)
07/25/201607:01:00Verizon Communications to report earnings July 26
07/25/201607:00:00Verizon to acquire Yahoo's operating business
07/25/201603:03:00Verizon to Pay $4.8 Billion for Yahoo -- WSJ
07/24/201621:40:00Verizon Finalizes $4.8 Billion Deal to Acquire Yahoo
07/24/201616:23:00Verizon Finalizes $4.8 Billion Deal to Acquire Yahoo -- Update
07/23/201603:03:00Verizon Near $5 Billion Deal To Buy Yahoo's Web Assets -- WSJ
07/22/201610:40:00Verizon Nears Deal for Yahoo's Internet Businesses
07/22/201610:33:00Verizon Nears Deal for Yahoo's Internet Businesses
07/21/201617:10:00AT&T Sales Grow, but Video Effort Lags
07/21/201609:00:00Moto Z Droids and Moto Mods are now available for pre-order exclusively...
07/21/201608:00:00Verizon to deliver Virtual Network Services to support digital...

Verizon and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad