Monday, May 9, 2011

Limelight Buys Web And Application Acceleration Technology Startup AcceloWeb

NASDAQ-listed Limelight Networks this morning announced the acquisition of AcceloWeb, a Tel Aviv-based provider of technology that helps speed the presentation of websites and applications. We wrote about the company back in July 2009 when it was still called FasterWeb. Terms of the acquisition were not disclosed, but we've learned that the transaction was completed with a combination of Limelight Networks common stock and cash. Founded in 2008, AcceloWeb is headquartered in Israel with US offices in Boston.�

NANYA TECHNOLOGY NII HOLDINGS NIKON NINTENDO NOKIA

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