March 26, 2007 — (WEB HOST INDUSTRY REVIEW) — Content delivery network provider Limelight Networks (limelightnetworks.com) announced on Monday that it has filed a registration statement on Form S-1 with the US Securities and Exchange Commission relating to the proposed initial public offering of its common stock. The shares of common stock to be sold in the offering are expected to be offered by Limelight Networks and certain of its stockholders.
Goldman, Sachs & Co. will act as sole book-runner, Morgan Stanley will act as joint lead manager and Jefferies Broadview, Piper Jaffray and Friedman Billings Ramsey will act as co-managers for the offering. So far, the number of shares to be sold and the price range for the proposed offering has not yet been established.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.
Limelight Networks offers a content delivery network for digital media, providing massively scalable, global delivery solutions for on-demand and live Internet distribution of video, music, games and downloads. Its infrastructure is optimized for the large object sizes, large content libraries and large audiences associated with comprehensive rich media content.
