Edgio, Inc. - EGIO STOCK NEWS

Edgio, a leading provider of holistic web protection platform solutions, has been recognized by Frost & Sullivan with the 2023 Global Customer Value Leadership Award. Edgio's robust security solutions, powered by its own private network, offer multi-layered security capabilities with minimal latency and real-time rule propagation. The company's HWPP solution includes web application and API protection, advanced bot management, full spectrum DDoS protection, and more. Edgio's unique features, such as Dual WAAP mode and near-real-time rule deployment, provide customers with enhanced security and faster response to attacks.

Edgio has launched its new Advanced Bot Management solution, designed to effectively detect and mitigate malicious bot traffic. This solution utilizes machine learning for real-time identification of bots through behavior and signature analysis. Reportedly, bad bots account for a significant portion of internet traffic, making effective management crucial for online businesses. Key features include agentless integration, custom policy controls, and compatibility with various infrastructures. Furthermore, the pricing model is based on management policies, not traffic volume, which enhances cost-effectiveness during attacks. The launch follows significant growth in Edgio's security team and aims to optimize performance while ensuring security.

Edgio has announced the general availability of Edgio Applications Platform v7, which aims to enhance website performance and security for organizations. This platform allows teams to achieve 90% faster page loads, block billions of malicious requests monthly, and reduce mitigation time for exploits by 85%. With the ability to deploy updates twice as often, Edgio provides a comprehensive solution that integrates performance, security, and application management. This announcement highlights partnerships with leading e-commerce companies, affirming the platform's role in digital transformation and revenue generation.

Edgio (NASDAQ: EGIO) has announced a collaboration with the Canadian Hockey League (CHL) to enhance live and on-demand game streaming through its Uplynk platform. This partnership allows CHL to manage broadcasts seamlessly across Canada and the US, ensuring high-quality video delivery to fans. The Uplynk solution helps reduce ingest failures and streamlines workflows, enabling the CHL to efficiently scale operations and support emerging technologies. CHL TV will provide access to over 2,000 games annually across multiple devices, improving viewer experience.