MergerLinks Header Logo

Announced

Completed

Limelight completed the acquisition of Edgecast from Yahoo, Apollo and Verizon Communications for $300m.

Synopsis

Limelight, a provider of edge enabled web applications and content delivery solutions, completed the acquisition of Edgecast, a provider of edge security, content delivery and video services, from Yahoo, a global Internet services provider, Apollo, a private equity firm, and Verizon Communications, an American multinational telecommunications conglomerate, for $300m. “In a world where digital workloads and their consumers are increasingly distributed, the ability for companies to deliver exceptional digital experiences requires them to more productively build faster and safer solutions for their customers at the edge. Today marks a meaningful step in our ability to address this need. Edgio now boasts the most complete edge-native web application and API solution, best-in-class streaming and delivery capabilities – all running on the world's most performant globally-scaled edge network. These unique capabilities create a robust platform for growth and profitability,” Bob Lyons, Edgio CEO.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US