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Limelight Networks (LLNW) soars 9.3% after announcing it will sell its EyeWonder online...

Limelight Networks (LLNW) soars 9.3% after announcing it will sell its EyeWonder online advertising unit to DG (DGIT) for $66M in cash - money the company can definitely use, given its rate of cash burn. Dan Rayburn had reported that Limelight was looking to sell EyeWonder, and perhaps merge its content delivery network (CDN) assets with Level 3's (LVLT) CDN business.
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  • LookingConfident
    , contributor
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    There's a huge 'future story' already evolving around that acquisition of EyeWonder, I feel.

     

    seekingalpha.com/insta...
    30 Aug 2011, 11:05 PM Reply Like
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