Macula Systems, LLC Advises Limelight on the Acquisition of Edgecast
United States – May 12, 2022 —
The team at Macula Systems, LLC., led by Kyle Hutchins and Brandon Gross, is staying true to the goal of connecting the worlds of M&A and technology, as the company recently led synergy analysis and diligence for a significant Limelight acquisition. Limelight recently announced the acquisition of Yahoo’s Edgecast, a leading provider of edge security, content delivery and video services, in an all-stock transaction.
“By uniting Limelight and Edgecast, we are building a powerful application, content and video edge-enabled solutions company that delivers improved customer performance, productivity and security for the outcome buyer,” said Bob Lyons, Chief Executive Officer of Limelight. “Together we have a strong value proposition to serve the fast-growing, yet fragmented edge solutions market and our combined capabilities will accelerate our ability to capture more share of this high growth $40 billion total TAM. In six short months, we have taken our TAM from $12 billion to $40 billion and with the acquisition of Edgecast, we are further accelerating and solidifying our ability to be recognized as a leader in edge software solutions for the outcome buyer.“
Platform companies are beginning to show their dominance of market valuation, ultimately threatening traditional business models, with software playing the role of disruptor. Unfortunately, a good number of businesses are not particularly prepared for this reality. However, Macula Systems, LLC is looking to arm its clients with the technology capabilities to go on offense, a claim substantiated by the role played in the recent acquisition of Edgecast.
Limelight has grown over the years to become one of the leading providers of edge-enabled web applications and content delivery solutions. The acquisition of Edgecast will create a solutions provider of choice for outcome-oriented businesses and clients looking to deliver a fast, secure and frictionless digital experience to end-users. In a related development, Limelight has announced plans to adopt a new name, Edgio, as part of the rebranding of the company.
Macula Systems, LLC was pivotal to the successful transaction, which also involved several big names in the financial service industry. The company is leading the overall technical and commercial diligence and is currently working on integration planning.
For further information about Macula Systems, LLC and the solutions offered, visit – https://www.maculasys.com/.
Contact Info:
Name: Kyle Hutchins
Email: Send Email
Organization: Macula Systems, LLC
Website: https://www.maculasys.com/
Release ID: 89074917
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