Utilize the input text as a context reference, choose the right relationship between Vodafone and Verizon from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

Technology firms including Intel Corp, Cisco Systems, Samsung Electronics and telecom giants Vodafone and Verizon (NYSE: VZ - news ) are betting heavily on Internet device-connected homes for future revenue and profit.

Answer: subsidiary