Tag Archives: tieup

By Colin Kellaher Shares of Limelight Networks Inc. rose more than 10% on Monday after the provider of content delivery network services said it struck a deal to combine with Yahoo’s Edgecast Inc. edge-security, content-delivery and video-services unit. The deal, which values Edgecast at about $300 million, would give Yahoo a nearly 32% stake in the combined company, which would operate as Edgio. The purchase price includes a $30 million investment in the combined… Source link

TipRanks 3 Monster Growth Stocks That Are Still Undervalued Let’s talk about growth. With corona receding, politics growing less exciting, and a new year ahead, investors are getting optimistic – and that means there’s a hunt for stocks that will bring in strong returns. In other words, growth stocks. In a recent interview, Jan Hatzius, chief economist at investment giant Goldman Sachs, said that he sees GDP growth in 2Q21 hitting as high as 10%. In an environment like that, most stocks… Source link

Telcos have regularly sought out Nokia as a provider of network goodies. In more recent years, they have also looked to Google for its expertise in the cloud and all things related. Now they can buy the entire package in one go after the Finnish equipment maker and the US Internet giant made a joint pitch to operators. The alliance they have struck targets operators building 5G networks with the enterprise customer in mind. Businesses signing up to 5G services will, of course, need a… Source link