Edgecast


Limelight Networks completes Edgecast acquisition to become Edgio

CDN service provider Limelight Networks has completed the acquisition of Yahoo-owned Edgecast, with the merged company to operate under the banner of Edgio. The all-stock transaction was initially announced in March, with Edgecast valued at approximately US$300 million. Yahoo will own 31.9% of the new company via 80.8 million shares of Limelight common stock and […]

Limelight Networks to acquire Edgecast and rebrand as Edgio

CDN service provider Limelight Networks has agreed a deal with Yahoo to acquire Edgecast in an all-stock transaction. The deal, it said, would create a global leader in edge enabled software solutions. The combined company will operate under the banner of Edgio, and values Edgecast at approximately US$300 million.  Yahoo, which itself is owned by […]

Verizon to buy content delivery network provider Edgecast

US telco Verizon has agreed to buy content delivery network (CDN) provider EdgeCast, in a bid to “deepen and enhance its video delivery and web services capabilities.” Verizon said that the deal will see Verizon Digital Media Services integrate EdgeCast in order to meet the “exponential growth in online digital media content,” and to “broaden […]