Scottsdale-based Limelight Networks acquires Layer0

Limelight Networks

Scottsdale startup Limelight Networks (Nasdaq: LLNW), a provider of edge cloud services, has entered into a definitive agreement to acquire Moov Corporation, which does business as Moovweb or Layer0.  The definitive agreement said Limelight will acquire Layer0 for about $32.5 million in cash and $22.5 million worth of common stock. Still, the deal is subject … Read more