Limelight Networks to acquire EyeWonder

Limelight Networks, Inc., a provider of content delivery network services, has signed a definitive agreement to acquire EyeWonder, Inc., a provider of interactive digital advertising products and services, for approximately $110 million. Both the companies are based in the US.

The consideration for the transaction comprised of approximately $62 million in cash and approximately 12.74 million shares of Limelight common stock.

Madison Alley Global Ventures is acting as financial advisor to EyeWonder, while Jefferies & Company, Inc. is advising Limelight Networks on this transaction.

In 2007, EyeWonder has raised mezzanine investment from BIA Digital Partners LP.

The transaction is expected to close in the first half of 2010.

Deal Value (US$ Million) 110
Deal Type                Acquisition
Sub-Category             Majority Acquisition
Deal Status              Announced: 2009-12-21

Deal Participants

Target (Company)   EyeWonder, Inc.
Acquirer (Company) Limelight Networks, Inc.

Related terms: acquisition, investment, products