With Terremark in hand, Verizon focuses on cloud work
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Verizon and Terremark started as partners on a General Dynamics-led team to provide cloud computing services to the Army. By the time General Dynamics announced the award earlier this month, Verizon had bought Terremark, giving it a larger infrastructure as it pursues more cloud work.
The federal cloud computing environment has become ever more competitive as traditional government integrators and IT contractors go up against commercial providers shifting into government work.
Telecommunications companies are seeking a greater share, making acquisitions designed to boost their cloud computing credentials. Verizon, which has its federal office in Ashburn, bought Terremark — with a federal office in Herndon and a data center in Culpeper — last year in a roughly $1.4 billion deal…


