|Formerly||Verizon Digital Media Services (2016–2021)|
|Defunct||June 16, 2022|
|Fate||Acquired by Limelight Networks|
Los Angeles, California
(CEO & Founder)
(President & Founder)
(CRO & Founder)
(CTO & Founder)
(Chief Research Officer & Founder)
Number of employees
|Parent||Yahoo Inc. (2021-2022)|
|Website||Archived official website at the Wayback Machine (archived 2022-01-15)|
Edgecast Networks, Inc., formerly Verizon Digital Media Services (VDMS), was a subsidiary of Yahoo Inc. and provider of content delivery network (CDN) and video streaming services. It was founded in 2006 and received funding from the venture arm of The Walt Disney Company, Steamboat Ventures. The company was headquartered in Los Angeles, California. It was rebranded as Edgecast in September 2021, following Apollo Global Management's acquisition of 90% of Verizon Media, which in turn became the current incarnation of Yahoo. In March 2022, Limelight Networks announced its intention to acquire Edgecast; once the deal is complete, the merged companies will operate as Edgio.
Edgecast is notable for being a self-provisioning CDN technology used by the telecommunication and hosting industries. Edgecast was rated the third in the CDN industry by the Yankee Group in August 2009, and turned EBITA positive in Q2 of 2009. Edgecast was ranked 13th on the Deloitte Fast 500 list for North America 2012.
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. became part of Oath Inc., which was rebranded Verizon Media on January 8, 2019. In September 2021, Verizon Digital Media Services rebranded as Edgecast following the Apollo Global Management purchase of 90% stake of Verizon Media, which now renamed to Yahoo Inc.
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. As of January 2013[update], 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.
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- "EdgeCast compared to Level3". www.cdnoverview.com. Warpcache BV. Retrieved June 8, 2018.
- White, Bobby (December 10, 2007). "Disney's Steamboat Invests In Content-Delivery Firm". The Wall Street Journal. Retrieved February 26, 2021.
- Munarriz, R. A.: “The Mouse Nibbles Away at Akamai,” The Motley Fool, Dec 11, 2007]
- Chappell, C.: May 30, 2009 “CDNs The Business Case” Archived September 23, 2015, at the Wayback Machine
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- Takahashi, Dean (January 16, 2013). "Uplynk creates a cheap and efficient way for Disney to stream videos". VentureBeat. Retrieved February 26, 2021.
- "Verizon Digital Media Buys upLynk". Zacks Equity Research. November 13, 2013. Retrieved February 26, 2021 – via Yahoo! Finance.
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