Limelight has expanded its offering with a cloud security suite. The goal of the suite is to detect and stop application attacks in real time, protecting websites and web applications from common threats and specialized attacks. The suite will be integrated in the current CDN offering of Limelight.
Akamai and Limelight have signed a license deal worth $54 million. The license deal comes after the most recent judgement in a decade old lawsuit, which even has its own Wikipedia page where Limelight was forced to pay $51 million in damages. This agreement is meant as a replacement for the damages awarded in the lawsuit will be paid for in 12 installments over 3 years. This deal, coupled with some other measures, means Limelight is now confident about its future: “This agreement, coupled with the series of financial and operational improvements, further enhances our confidence in Limelight’s value creation opportunity.” says Limelight CEO Robert Lento.