Cdnetworks

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CDNetworks Buys Smaller Rival Panther Express

Feb 25, 2009 6:14 AM

CDNetworks, the Korean content delivery network, has started its acquisition quest by buying New York City-based competitor Panther Express. As part of the deal, CDN has merged its own U.S. and European operations with Panther. Financial terms of the deal were not disclosed. CDNetworks, founded in 2000 in Seoul, Korea,…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Technologies / Formats, Broadband, Countries, Asia, Korea, cdnetworks, panther express

South Korean CDN CDNetworks Raises $96.5 Million To Fuel International Expansion

Joseph Weisenthal

Dec 19, 2007 11:41 PM

CDNetworks, a South Korean content delivery network, has raised $96.5 million from Oak Investment Partners, Shinhan Private Equity and Goldman Sachs International. The publicly traded company, which claims to be the biggest CDN in Asia and third biggest in the world, says it will use the funding to fuel a…

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Posted In: Countries, Asia, Korea, cdnetworks, goldman sachs international, oak investment partners, shinhan private equity