Facebook Expands Credits Offers to Europe Via SupersonicAds – a huge deal for the Israeli startup, perhaps thanks to its UK office? AT&T set up new R&D and incubation center in Israel in collaboration with Amdocs – welcome AT&T Foundry. More headlines on this VC Cafe Bitesize Friday
AcceloWeb (known as FasterWeb) sold to Limelight Networks
AcceloWeb, an Israeli startup formerly known as Fasterweb, has been acquired by Limelight Networks (Nasdaq:LLNW) for undisclosed terms. Acceloweb develops technology that helps increase the load time of websites, a need that has been growing as applications migrate to the cloud. Following the deal Acceloweb will become Limelight’s development center in Israel.
