Brendan Iribe Joins Cloud Gaming Service Gaikai

Los Angeles-based cloud gaming company Gaikai Inc. has named Brendan Iribe as its chief creative officer and senior vice president of user experience. Iribe was previously the co-founder, president and chief executive of Scaleform, a gaming user interface company bought by Autodesk in March. Gaikai is backed by Benchmark Capital, TriplePoint Capital, Rustic Canyon Partners, Limelight Networks and Intel Capital.

Limelight Networks Buys Delve Networks

Limelight Networks Inc. (Nasdaq: LLNW) has acquired Delve Networks, a provider of cloud-based video publishing and analytics services. No financial terms were disclosed. Delve had raised over $6 million in VC funding from Band of Angels, DFJ Frontier, Labrador Ventures, Intel Capital and Middlefield Ventures.

Limelight Buying BIA-Backed EyeWonder

Limelight Networks Inc. (Nasdaq: LLNW) has agreed to acquire EyeWonder Inc., an Atlanta-based provider of leading provider of interactive digital advertising products and services. The deal is valued at approximately $110 million, including $62 million in cash and approximately 12.74 million shares of Limelight common stock. There also is an earn-out of 4.86 million additional shares based on financial milestones. EyeWonder raised an undisclosed amount of growth equity in 2007 from BIA Digital Partners.

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