(Ping! Zine Web Hosting Magazine) – Limelight Networks, Inc. (“Limelight”) today announced the acquisition of AcceloWeb, a Tel Aviv-based provider of advanced technology that helps speed the presentation of web sites and applications.
“The web application acceleration market is large and growing rapidly as enterprise and consumer applications migrate into the cloud — one of the three macro trends core to Limelight’s strategy. The talented AcceloWeb team has built the most innovative solution in the sector and we are excited to join forces with them to define best-in-class for this market by rapidly deploying their software worldwide on our high performance compute, storage and delivery platform,” said Jeff Lunsford, chairman and chief executive officer, Limelight Networks, Inc.
AcceloWeb’s technology, combined with Limelight’s web and application acceleration services, will help customers dramatically improve “Time to Action” on their websites. Time to Action is the amount of time an end user will wait in order to perform tasks on a website or within a web application. By speeding the performance of Limelight’s Portal and Commerce Accelerator services, AcceloWeb’s patent-pending technology will increase conversion rates, decrease abandonment, and improve the return on a customer’s marketing investment.
AcceloWeb’s technology addresses the bottleneck of presenting a site or application within a browser. The technology requires zero configuration and no pre-optimization, and does not require any changes to existing web development workflow, reconfiguration of site or application resources, installation of a hardware appliance or any server side, browser or desktop plug-ins. Click here to see a short video (powered by Limelight Video Platform) that demonstrates AcceloWeb’s technology working to improve user experience on Limelight’s home page.
“We’re pleased to join Limelight and continue our work building Internet scale software that improves end-user experiences on the Internet. We are excited about the opportunity that Limelight’s global resources and technology platform offers the AcceloWeb team,” said Ofer Gadish, CEO, AcceloWeb.
This transaction was completed with a combination of Limelight Networks common stock and cash. YL Ventures, headed by Yoav Andrew Leitersdorf, participated in the transaction as an investor, strategic advisor, and board member. Terms were not disclosed.