Limelight Networks to acquire EyeWonder for $110

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
ACQUISITION 
FDN Database Reference:  F231109-276
 
Acquirer:  Limelight Networks
ACQ Web:  http://www.limelightnetworks.com
Location:  USA, Tempe, AZ
Region:  North America
Description:  Improves the performance and profitability of web sites and end-user experiences. Scalable, on-demand managed infrastructure solutions.
Category:  Texhnology, Storage Management
Contact:  Jeff Lunsford, chairman and chief executive officer  
 
Vendor:  EyeWonder
Vendor Web:  http://www.eyewonder.com, Twitter
Location:  USA, Atlanta, DA
Region:  North America
Description:  Interactive digital advertising provider. Provides value-added monetization solutions
Category: Advertising. Technology
Contact:  John Vincent, founder and chief executive officer
  
Aprox. Value:  Approximately $110 million, comprised of approximately $62 million in cash (subject to adjustment based on EyeWonder’s financial condition at Closing) and approximately 12.74 million shares of Limelight common stock. Up to approximately 4.86 million additional shares of Limelight common stock will be issuable in 2011 if EyeWonder achieves certain financial results in 2010.
 
Details:  Limelight Networks has announced a definitive agreement to acquire privately held EyeWonder, Inc. The transaction is expected to close in the first half of 2010.
 
Link: Press Release

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