Thursday, August 23

Microsoft, Limelight strike online media deal

NEW YORK (Reuters) - Limelight Networks Inc (LLNW.O) and Microsoft
Corp (MSFT.O) said on Thursday that they had entered into a technology
agreement in which the Web content delivery company will help improve
the reliability of the software maker's online services, such as
video, music and games.
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Limelight will provide media streaming and content delivery services
to Microsoft under a multiyear deal. The two companies also agreed to
cross-license their technologies.

Financial terms of the deal were not disclosed.

Limelight competes with Akamai Technologies Inc (AKAM.O) to help
companies deliver graphics, video and music to online users more
reliably by finding less congested routes over the Internet. Its
customers include DreamWorks (DWA.N), Facebook, and News Corp's
(NWSa.N) MySpace

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