Few technology trends have captured as much popular attention as Cloud Computing. The level of hype associated with the ‘Cloud’ hasn’t been seen since the hoopla created during the Dot.com era. As a result, there has been plenty of debate about whether the Cloud Computing phenomenon is headed to a similar demise. This quote is taken from a Seeking Alpha article by Jeffrey Kaplan, published in December 2010. Just a few weeks after Jeffrey’s comments, […]
Terremark
Prada did it with Miu Miu; Dolce & Gabbana with D&G Now Verizon’s $1.4 billion purchase of Terremark applies a business model from the catwalk to cloud computing: The launch of a ‘diffusion’ line. Diffusion lines – affordable merchandise from luxury labels – are big business in fashion. Correctly marketed, they create a virtuous circle of demand between couture and main street buyers, and expand a designer’s overall revenues through direct sales and licensing deals. […]
Verizon Communications Inc. (NYSE: VZ)’s $1.4 billion acquisition of Terremark immediately strengthens its role as a strategic supplier to the U.S. federal government and its position in a rapidly growing Latin American market, as well as adding key assets for the white-hot global cloud computing market. (See Verizon Taps Terremark for $1.4B.) The deal will put pressure on other global service providers — notably AT&T Inc. (NYSE: T), BT Global Services and Orange Business Services […]