Announced
Completed
Financials
Sources
Tags
Acquisition
Private Equity
Public
Domestic
Minority
web solutions
Completed
Friendly
Single Bidder
United States
Digital Services
Synopsis
Lynrock Lake, a private equity firm, completed the $66m investment in Edgio, a a provider of the solutions in web applications. “We appreciate Lynrock’s ongoing support and alignment with our strategy and vision. These transactions will provide us with the additional financial flexibility to expand our capabilities and scale. Our business transformation remains on track, and we continue to execute against our key strategic objectives. We look forward to continuing to deliver world-class solutions to our customers and partners,” Bob Lyons, Edgio President and CEO.
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