Edgecast, Inc. (formerly Edgio, formerly Verizon Digital Media Services, formerly Edgecast Networks, Inc) was a subsidiary of Yahoo! Inc. and provider of

content delivery network A content delivery network (CDN) or content distribution network is a geographically distributed network of proxy servers and their data centers. The goal is to provide high availability and performance ("speed") by distributing the service spat ...

(CDN) and video streaming services. Founded in 2006, it was notable for being a self-provisioning CDN technology used by the

telecommunication Telecommunication, often used in its plural form or abbreviated as telecom, is the transmission of information over a distance using electronic means, typically through cables, radio waves, or other communication technologies. These means of ...

and hosting industries. On June 16, 2022, Edgecast was acquired by Limelight Networks and was rebranded as Edgio. In late 2024, Edgio entered Chapter 11 bankruptcy. On February 10, 2025, Edgecast and it's technology wa
sold
to Parler Cloud Technologies. The majority of the Edgio assets wer
purchased by Akamai

History

Edgecast Networks, Inc. was founded in 2006 and received funding from the venture arm of

The Walt Disney Company The Walt Disney Company, commonly referred to as simply Disney, is an American multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California. Disney was founded on October 16 ...

, Steamboat Ventures. It was headquartered in

Los Angeles Los Angeles, often referred to by its initials L.A., is the List of municipalities in California, most populous city in the U.S. state of California, and the commercial, Financial District, Los Angeles, financial, and Culture of Los Angeles, ...

California California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an ...

. On December 9, 2013, the boards of directors of Verizon Communications and Edgecast each approved Verizon's acquisition of Edgecast and the deal was closed on December 23, 2013. Between 2013 and 2016, Edgecast Networks was a subsidiary of Verizon as part of the Verizon Digital Media Services group, among upLynk LLC and others. In 2017, Verizon Digital Media Services, Inc. (VDMS) became part of Oath Inc., which was rebranded Verizon Media on January 8, 2019. In September 2021, VDMS was rebranded as Edgecast following the

Apollo Global Management Apollo Global Management, Inc. is an American asset management firm that primarily invests in alternative assets. , the company had $548 billion of assets under management, including $392 billion invested in credit, including mezzanine capita ...

purchase of 90% stake of Verizon Media, which in turn became the current incarnation of Yahoo! Inc. On March 7, 2022, Limelight Networks announced its intention to acquire Edgecast for approximately $300 million. Once the deal is approved, the companies will jointly rebrand as Edgio. The acquisition was completed on June 16, 2022 and the company was rebranded as Edgio. In the fall of 2024, Edgio entered bankruptcy proceedings. The winning bid b
Akamai
took select assets that did not include Edgecast's technology. The technology that Edgecast had developed wa
sold
to Parler Cloud Technologies on February 10, 2025 and the Edgecast brand reborn in early 2025. The company was rated the third in the CDN industry by the Yankee Group in August 2009, and turned

EBITA A company's earnings before interest, taxes, depreciation, and amortization (commonly abbreviated EBITDA, pronounced ) is a measure of a company's profitability of the operating business only, thus before any effects of indebtedness, state-mandat ...

positive in Q2 of 2009. Edgecast was ranked 13th on the Deloitte Fast 500 list for North America 2012.

Uplynk

Uplynk, stylized as upLynk, was a Los Angeles–based startup company founded in 2010 that created video-streaming services, notably used by

Disney–ABC Television Group Disney General Entertainment Content (DGEC), formerly ABC Group, Disney–ABC Television Group and the second incarnation of Walt Disney Television, is a division of the Disney Entertainment business segment of the Walt Disney Company that ove ...

. , it had 10 employees and was self-funded; at that time, Disney Interactive Media Group's technology SVP Skarpi Hedinsson remarked, "The upLynk platform offers significant operational efficiency and simplifies the process of reaching audiences on any device or platform while maintaining a high quality viewing experience." It was acquired by Verizon Digital Media Services on November 13, 2013, reportedly for greater than $75 million.

Logos

The company used the following logo during its early years:

References

External links

* {{Yahoo Inc. 2022 mergers and acquisitions Companies based in Los Angeles American companies established in 2006 American companies disestablished in 2022 Content delivery networks Yahoo!