The latest to wave the data-center white flag is Verizon Communications Inc., which said on Tuesday that it planned to sell 29 of its data centers for $3.6 billion.
Verizon’s $4.8 billion deal to acquire Yahoo and merge it with AOL has stalled following a widespread hack of 500 million Yahoo users. But AOL CEO Tim Armstrong believes the deal will ultimately close.
The fact that Verizon has the cash on-hand to make a $2.4 billion deal for its Verizon Telematics division to acquire transport management services provider Fleetmatics — as the corporation announced Monday morning — just one week after staking a ...
By WindowsITPro
Verizon Communications Inc. agreed to buy Yahoo! Inc.’s web assets for $4.83 billion, ending the company’s two-decade run as an independent business that took it from Stanford University startup at the dawn of the internet ...