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LLNW - Limelight To Acquire Edgecast From Apollo Funds For $300M Rebrand As Edgio
March, 07 2022 12:10 PM
Limelight Networks Inc.
Limelight Networks has announced its plans to acquire Yahoo's Edgecast from Apollo Funds in an all-stock deal. By combining the two companies, Limelight gets to expand its product strategy to focus more of its efforts on cloud security services. When the integration between both companies is done, Limelight will have a global network capacity of more than 200 Tbps with more than 300 PoPs. For further details see:
Limelight To Acquire Edgecast From Apollo Funds For $300M, Rebrand As Edgio
Stock Information
Company Name:
Limelight Networks Inc.
Stock Symbol:
LLNW
Market:
NASDAQ
Website:
limelightcrm.com
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