UPDATE 1-CDNetworks gets $96.5 mln in private investment

Newswire

(Adds comments from interview) NEW YORK, Dec 19 (Reuters) - South Korean Web content delivery company CDNetworks Co Ltd said on Wednesday it will receive $96.5 million in private investment that it planned to use to expand in the United States. CDNetworks, the top Web acceleration service provider in Asia, said U.S. venture capital firm Oak Investment Partners will lead the investment, with South Korea's Shinhan Private Equity and Goldman Sachs joining. The move comes amid increased ...

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