- Sector tailwinds and macro trends have given CDNs a boost this year, but some of that wind has been taken out of the sails via a market pullback.
- The fundamentals of the sector have only strengthened as covid keeps forcing shutdowns around the world and shelter-in-place orders.
- Content providers are at war to gain market share, and that war is only going to heat up and CDNs will reap the spoils.
- We may have been early to the party on LLNW, but our fundamental research is sound, and the current valuation makes a material transaction likely.
For further details see:
Limelight Networks: An Absurd Market Cap Should Bring A Suitor