Verizon Communications said that it was buying Terremark Worldwide, a provider of information technology services, for $1.4 billion, the Associated Press reports. Verizon plans to pay $19 a share for Terremark. That represents a 35 percent premium to Terremark’s closing stock price on Thursday. Terremark provides cloud computing services, which let companies store data and run software on remote servers instead of their own computers. It also provides technology infrastructure services…
…Read MorePodcast Series: Innovations in Education
Explore the full series of eCampus News podcasts hosted by Kevin Hogan—created to keep you on the cutting edge of innovations in education.
iPad coming to Verizon Wireless and AT&T stores
Apple said Thursday that Verizon Wireless would begin selling the iPad at its stores on Oct. 28, reports the New York Times. The announcement is the latest sign that the relationship between Apple and Verizon is warming up. Verizon is expected to begin selling Apple’s iPhone early next year. Verizon will not be selling 3G versions of the iPad, which work over a cellular data network. Instead it will sell bundles that include the iPad’s Wi-Fi models and its own MiFi mobile hot spot device, which essentially allows users to connect to the Internet in any place that has 3G service. The bundles will cost $630 for a 16-gigabyte model, $730 for a 32-gigabyte model and $830 for 64 gigabytes. Verizon will offer a monthly $20 access plan to iPad customers for up to 1 gigabyte of data. In addition, Verizon will offer all three iPad models on a standalone basis…
…Read MoreCollege IT officials track Google, Verizon talks
Higher education technologists, who largely support the Federal Communications Commission’s (FCC) net neutrality plans, kept an eye on reports Aug. 5 that internet giants Google and Verizon were on the verge of announcing a deal that would provide faster web speeds only to content providers who could pay a premium.
IT decision makers in colleges and universities have said such a precedent could undermine major strides in providing educational content online, especially for small institutions without massive technology budgets.
After media reports said Google, which owns YouTube, and Verizon were hammering out the final details in the creation of “pay tiers” for internet users–a system that the FCC’s net neutrality plan was designed to avoid — Google responded with a statement calling the reports “quite simply wrong.”…Read More