Verizon Digital Media Services

Verizon Digital Media Services (VDMS[2]) is an American company known for their content delivery network (CDN).

Verizon Digital Media Services, Inc.
FormerlyEdgeCast Networks, Inc
TypeSubsidiary
IndustryInternet
FoundedAugust 2006 (2006-08)
Headquarters
Los Angeles, California
Key people
Alex Kazerani
(CEO & Founder)
James Segil
(President & Founder)
Phil Goldsmith
(CRO & Founder)
Jay Sakata
(CTO & Founder)
Lior Elazary
(Chief Research Officer & Founder)
Number of employees
200+ (2012)[1]
ParentVerizon Media
Websitewww.verizondigitalmedia.com

The company was founded in 2006 as EdgeCast Networks, Inc and was funded by the venture arm of The Walt Disney Company, Steamboat Ventures.[3][4] The company was headquartered in Santa Monica, California.

Edgecast is notable for being a self-provisioning CDN technology used by the telecommunication and hosting industries.[5][6][7] Edgecast was rated the third in the CDN industry by the Yankee Group in August 2009,[8] and turned EBITA positive in Q2 of 2009.[9] EdgeCast Networks was ranked 13th on the Deloitte Fast 500 list for North America 2012.[10]

Verizon
Logo from August 2006 to March 18, 2016

On December 9, 2013, the boards of directors of Verizon and EdgeCast each approved Verizon's acquisition of EdgeCast and the deal was closed on December 23, 2013.[11][12]

Between 2013 and 2016, EdgeCast Networks was a subsidiary of Verizon Communications as part of the Verizon Digital Media Services group, among upLynk LLC and others.[13]

In 2016, EdgeCast Networks, Inc became Verizon Digital Media Services, Inc.[14][15]

In 2017, Verizon Digital Media Services, Inc. became part of Oath Inc., which currently known as Verizon Media since January 8, 2019.

See also

References
  1. "EdgeCast - CDN Planet". CDN Planet. Retrieved December 20, 2012.
  2. "EdgeCast compared to Level3". www.cdnoverview.com. Warpcache BV. Retrieved June 8, 2018.
  3. White, B.: “Disney's Steamboat Invests In Content-Delivery Firm,” The Wall Street Journal, Dec 10, 2007]
  4. Munarriz, R. A.: “The Mouse Nibbles Away at Akamai,” The Motley Fool, Dec 11, 2007]
  5. Chappell, C.: May 30, 2009 “CDNs The Business Case” Archived September 23, 2015, at the Wayback Machine
  6. Rayburn, D.: Aug 11, 2009 “The Future of the CDN Market” www.streamingmedia.com
  7. Gubbins , E.: Aug 13, 2009 “Carriers, standalone CDNs squeeze one another" telephonyonline.com
  8. Adkoli, J.: Aug 21, 2009 “EdgeCast Bags Third Position in Yankee Group's 2009 CDN Scorecard” www.tmcnet.com
  9. Rayburn, D. (Oct 14, 2009) “Content Delivery Network EdgeCast Now Profitable, EBITA Positive Since Q2" www.blog.streamingmedia.com
  10. EdgeCast Networks Makes it to Deloitte’s 2012 Technology Fast 500 List for North America CDN-Advisor.com, November 17, 2012
  11. "Verizon Plans to Acquire EdgeCast Networks". newscenter.verizon.com. December 9, 2013. Retrieved June 7, 2018.
  12. "Key Acquisitions Position Verizon Digital Media Services as One-Stop Shop". www.verizon.com. January 6, 2014. Retrieved June 7, 2018.
  13. "Verizon Is Acquiring Content Delivery Network EdgeCast For More Than $350 Million – TechCrunch". techcrunch.com. Retrieved June 7, 2018.
  14. "VERIZON DIGITAL MEDIA SERVICES UK LIMITED -Company information". beta.companieshouse.gov.uk. Retrieved June 7, 2018. Previous name: EDGECAST NETWORKS UK LTD (May 2013 - March 2016)
  15. "Verizon DMS Review | Stratusly". Stratusly. December 5, 2015. Retrieved June 7, 2018. Verizon Digital Media Services, formerly EdgeCast Networks, established in early 2014 with the acquisition of EdgeCast Networks and upLynk
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