Limelight Networks, which operates a global content delivery network (CDN) will acquire privately held EyeWonder. Financial terms were not disclosed.
Founded in 1999, EyeWonder specializes in monetization solutions that helps Forbes 2000 advertisers, interactive agencies and content publishers create, build, track and optimize rich media and interactive video advertising campaigns. EyeWonder's advertising serving platform is projected to service over $500 million in media spend globally in 2009, helping stakeholders across the digital advertising ecosystem to realize increased return-on-investment from that spend.
The companies said the combination of EyeWonder's value-added monetization solutions and Limelight Networks' delivery, storage, management and consulting services will enable enterprises, agencies and content publishers to unlock the value of their online content and maximize the revenue and profitability of their online strategies. The combined company will have relationships with over 2500 online businesses, over 800 interactive agencies, 900 last-mile access networks and over 20 ecosystem partners who, together, will working toward building a more efficient and intelligent Internet.
http://www.limelightnetworks.com
Sunday, December 20, 2009
Limelight Networks to Acquire EyeWonder for Monetization Tools
Sunday, December 20, 2009
Mergers and Acquisitions, Service Providers