Microsoft and Limelight Networks today announced an expanded working relationship centered around enhancing Microsoft Internet content delivery:
Limelight Networks, Inc. (Nasdaq: LLNW) today announced that it has entered into a major new technology and services agreement with Microsoft (Nasdaq: MSFT) under which Limelight will help improve the performance, scalability, and reliability of Internet delivery of media content and online services, including video, music, games, software, and social media, across Microsoft’s global Internet properties. Under the agreement, Microsoft and Limelight will cross-license certain technologies, consider joint development projects in the future, and cooperate on extending and improving their respective technology infrastructures. Microsoft and Limelight have also entered into a multi-year relationship under which Limelight Networks will continue to provide global media streaming and content delivery services to Microsoft.
The new technology and services agreement is aimed at radically improving user experiences across Internet media properties of Microsoft’s globally scaled Internet services …
Microsoft was already a Limelight customer as are numerous other major Internet content providers. Limelight’s shares were up on the news, particularly in view of Limelight’s disappointing 2nd quarter.