Yesterday Limelight Networks (NASDAQ:LLNW, news, filings) expanded the geographical scope of their SaaS offerings into the Far East, offering their mobile delivery and content management products in Japan and Korea. That includes their Accelerate, Reach, and Video product families.
It's hard to get a firm grip on Limelight these days, as the company is clearly reshaping its approach but isn't done just yet. The sale of EyeWonder was a defensive maneuver, and then just two weeks ago there were further rumors about some sort of joint announcement with Level 3 about their core CDN business. Possibilities stretch from actual M&A all the way to simply a federation agreement, but nothing has yet actually happened.
Instead we see the company making an aggressive international move, leveraging their CDN presence to expand managed services into the turf of CDNetworks, which of course is now part of the KDDI empire. Meanwhile, their stock price has been making a bit of a comeback. Perhaps the underlying CDN momentum has shifted again?
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