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Edgecast Networks, Inc. (formerly Verizon Digital Media Services) [2] was a subsidiary of Yahoo! Inc. and provider of content delivery network (CDN) and video streaming services. Founded in 2006, it was notable for being a self-provisioning CDN technology used by the telecommunication and hosting industries.
With a total addressable market of approximately $40 billion, the divesture of Verizon (VZ)-managed Yahoo business is likely to deliver significantly increased scale and a diversified revenue mix.
The company is headquartered in Manhattan, New York. [15] As of December 2019, the company employed about 10,350 people. [2] [16]A year after the completion of the AOL acquisition, Verizon announced a $4.8 billion deal for Yahoo!'s core Internet business, to invest in the Internet company's search, news, finance, sports, video, emails and Tumblr products. [17]
Following a 2022 acquisition of Edgecast, the company re-branded as Edgio, and now includes edge computing and cybersecurity services, such as DDoS mitigation. As of January 2023, the company's network has more than 300 points-of-presence and delivers with 250+ terabits [ 4 ] per second of egress capacity across the globe.
Continuing a move toward enhancing its video, web, and content delivery solutions, Verizon today confirmed recent rumors that it intends to acquire content delivery network (CDN) provider EdgeCast ...
Yahoo Finance made a number of significant changes to elevate, personalize, and simplify your experience on the site. Yahoo Finance site update delivers deeper insights, richer content Skip to ...
Yahoo Finance is a media property that is part of the Yahoo network. It provides financial news, data and commentary including stock quotes, press releases, financial reports, and original content. It also offers some online tools for personal finance management.
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