Limelight Buying BIA-Backed EyeWonder
Limelight Networks Inc. (Nasdaq: LLNW) has agreed to acquire EyeWonder Inc., an Atlanta-based provider of leading provider of interactive digital advertising products and services. The deal is valued at approximately $110 million, including $62 million in cash and approximately 12.74 million shares of Limelight common stock. There also is an earn-out of 4.86 million additional shares based on financial milestones. EyeWonder raised an undisclosed amount of growth equity in 2007 from BIA Digital Partners.
22 December 2009•5 mins read
