Edgecast
In September 2021, VDMS was rebranded as Edgecast following the Apollo Global Management purchase of 90% stake of Verizon Media, which in turn became the current incarnation of Yahoo!Inc. On March 7, 2022, Limelight Networks announced its intention to acquire Edgecast for approximately $300 million.The company was rated the third in the CDN industry by the Yankee Group in August 2009,[13] and turned EBITA positive in Q2 of 2009.[16] As of January 2013[update], it had 10 employees and was self-funded; at that time, Disney Interactive Media Group's technology SVP Skarpi Hedinsson remarked, "The upLynk platform offers significant operational efficiency and simplifies the process of reaching audiences on any device or platform while maintaining a high quality viewing experience."[16] It was acquired by Verizon Digital Media Services on November 13, 2013,[17][18] reportedly for greater than $75 million.