Edgio, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Todd A. Hinders
- Full Time Employees
- 822
- Sector
- Technology
- Industry
- Software - Infrastructure
- Address
- 2220 West 14th Street Tempe AZ United States of America 85281
- IPO Date
- Jun 8, 2007
- CIK
- 0001391127
- Website
- edg.io
- Similar Companies
- Business
- Edgio, Inc. (EGIOQ) provides edge-enabled software solutions, including content delivery networks (CDNs), edge computing, cybersecurity, video streaming, and cloud storage services; its platform encompasses live and on-demand video delivery, video packaging and content management, web acceleration, cloud security featuring DDoS mitigation and web application firewall (WAF) protection, dynamic and static content acceleration for small and large files, image optimization, edge compute capabilities, and private CDN options. The company targets media, e-commerce, SaaS, gaming, digital broadcasting, and interactive applications sectors, serving enterprise customers such as broadcasters and streaming providers with a global network exceeding 300 points-of-presence and 250+ terabits per second of egress capacity across the Americas, Europe, Middle East, Africa, and Asia Pacific. Founded in 2001 as Limelight Networks in Tempe, Arizona, and rebranded to Edgio following the 2022 acquisition of Edgecast from Verizon Media for approximately $300 million, the company is headquartered in Phoenix, Arizona. In September 2024, Edgio filed for Chapter 11 bankruptcy to facilitate an asset sale, initially pursuing a $110 million stalking horse agreement with lender Lynrock Lake Master Fund LP backed by $15.6 million in debtor-in-possession financing; however, in November 2024, a U.S. bankruptcy court approved Akamai Technologies' winning bid valued at $125 million for select assets, including several hundred customer contracts in content delivery and security businesses plus non-exclusive patent licenses, with the transaction closing on December 13, 2024, expected to contribute $9-11 million in Akamai's Q4 2024 revenue and $80-100 million in 2025. Edgio ceased operations in January 2025.
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