Limelight Networks announced today that it is selling its EyeWonder ad unit to DG for $66 million in cash, a heavy discount from the $110 million in cash and stock that it agreed to pay for the business back in December 2009. So what went wrong? Read more »
Limelight has spent the last few years acquiring pieces and tacking on new value-added services to its legacy CDN business. Adding a content management system like Clickability could make it even easier for its customers to manage and monetize digital media across their web properties. Read more »
Limelight Networks is adding video management and syndication to its suite of offerings for media and enterprise customers, acquiring Delve Networks for an undisclosed mix of cash and stock. With the purchase, Limelight will begin offering services that compete with offerings from Brightcove, Ooyala and thePlatform. Read more »
Apple Poised To Unveil New Mobile Ad Platform; the new ad platform, which will be officially unveiled to Madison Avenue on April 7th, has been described as “revolutionary” and “our next big thing” by Apple chief Steve Jobs. (MediaPost) BBC iPhone Apps On Hold; plans by […] Read more »
Video management platform Delve Networks today announced a non-exclusive partnership with leading content delivery network Akamai in which the two companies will combine forces to provide turn-key high-quality video services to video publishers. Akamai may not get a lot of love in the financial markets these […] Read more »
Brightcove Manages News Corp.’s Latin America Hulu-like Site; company oversees 800+ hours of premium Spanish and Portuguese content for Mundo Fox online (why didn’t Fox have Hulu do it?). (Contentinople) Elsewhere in the world of white-label video, Delve Networks Released its Self-Service Platform; companies can now […] Read more »