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Verizon Plans To Acquire EdgeCast Networks

Focused on performance, both companies deliver advanced video solutions and share a common architectural approach to video-optimized networks that results in quality experiences for enterprise customers who want to diversify their businesses and consumers that want content and media whenever and wherever they are.

Earlier this year, Verizon Digital Media Services announced the acquisition of upLynk assets, with their exclusive technology that streamlines the process of uploading and encoding of video for live, linear and video-on-demand content. The combination of complementary capabilities from Verizon, upLynk and EdgeCast further boosts performance of Verizon Digital Media Services' end-to-end services.

Verizon Digital Media Services offers enterprises a suite of robust and flexible end-to-end video solutions for best-in-class TV Everywhere and superior over-the-top experiences. Built on one of the world's most advanced networks with a video-optimized platform, Verizon Digital Media Services delivers a vast range of content management and delivery services with carrier-grade quality, reliability, security and scale. For more information about Digital Media Services, visit www.verizondigitalmedia.com .

Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, with more than 101 million retail connections nationwide. Verizon also provides converged communications, information and entertainment services over America's most advanced fiber-optic network, and delivers integrated business solutions to customers in more than 150 countries. A Dow 30 company with nearly $116 billion in 2012 revenues, Verizon employs a diverse workforce of 178,300.  For more information, visit www.verizon.com .

VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts and other information are available at Verizon's online News Center at newscenter.verizon.com. The news releases are available through an RSS feed. To subscribe, visit newscenter.verizon.com/corporate/feeds.

SOURCE Verizon

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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