May 28, 2013 | By Sean Buckley
Limelight, a cloud-based content delivery network (CDN) platform provider is reportedly negotiating a deal to be purchased by Verizon (NYSE: VZ).
Dan Rayburn, principal analyst with Frost & Sullivan and EVP of StreamingMedia.com, wrote in a blog entry that rumors of a potential sale emerged during the annual Content Delivery Summit that was held in New York City last week where various attendees discussed how Limelight Networks "is in talks to try and sell the company to Verizon and is desperate to make a deal."
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