May 9, 2011, 4:16 PM

Limelight Networks buys an Israeli web acceleration firm

With the acquisition of Acceloweb, Limelight adds web performance technology.

Lead Photo

Content delivery network Limelight Networks Inc. said today it had bought Acceloweb, an Israel-based company that sells web site acceleration technology. Limelight did not say how much it paid for Acceloweb.

Limelight helps retailers to make their web pages load more quickly, especially as more consumers view videos, download music and take advantage of other services that can tax servers. Limelight says it will combine its technology with Acceloweb’s to make clients’ web pages load faster. Limelight says it has 1,800 customers around the world. The company also provides digital advertising services.

"The web application acceleration market is large and growing rapidly as enterprise and consumer applications migrate into the cloud,” says Jeff Lunsford, Limelight’s chairman and CEO. “The talented Acceloweb team has built the most innovative solution in the sector and we are excited to join forces with them.”

Limelight said it bought the company through a combination of cash and common stock.

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From The IR Blog

FPO

Jennifer Silverberg / E-Commerce

The adaptive, omnichannel CPG retailer will prosper

Retailers and consumer packaged goods brands have an unprecedented opportunity to work together, particularly if ...

FPO

Amir Konigsberg / Mobile Commerce

Three mobile innovations disrupting search and discovery

Search technology for mobile devices is diverging from desktop search.

Advertisement