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New Deal


Announced

Completed

Limelight Networks completed acquisition of Layer0 for $55m.

Financials

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Transaction Value£39m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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website frontends

Private

Internet

Domestic

United States

Single Bidder

Software

Friendly

Acquisition

Majority

Completed

Synopsis

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Limelight Networks, a provider of edge cloud services, completed acquisition of Layer0, a software company that provides development and deployment tooling for website frontends, for $55m. "Together we will be able to drive better performance for our clients web applications, while improving developer productivity with our seamless end to end solution. We look forward to sharing additional details on these solutions on our earnings call and even more in depth at our upcoming strategy session on August 24th," Bob Lyons, Limelight President and CEO.

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