Limelight Networks, Inc. (NASDAQ:LLNW) shares are trading higher by 9% at $4.10 after the company announced it has entered into a definitive agreement to acquire Yahoo's Edgecast.
"By uniting Limelight and Edgecast, we are building a powerful application, content and video edge enabled solutions company that delivers improved customer performance, productivity and security for the outcome buyer," said Bob Lyons, Chief Executive Officer of Limelight.
