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A tech IPO? That's a rare thing these days. That said, Limelight Networks isn't on the consumer side: it's a content delivery network that's powering the video craze, plus delivery of music, games, and software. An IPO has been on the cards for a while.
If you listen to a lot of podcasts, you'll no doubt be familiar with the brand. Well known clients include Akimbo, Amazon Unbox, Brightcove, Facebook, iFilm and MySpace.
Limelight made the filing on Thursday afternoon, saying it would look to raise up to $201M in the IPO on the Nasdaq Global Market under the symbol "LLNW". The IPO is underwritten by Goldman Sachs, Morgan Stanley, Jeffries and Piper Jaffray. Limelight reported a loss of $3.7M on revenues of $64.3M in 2006. No press release on the site yet.
Update: background info here. Please consider this a replacement for insightful commentary. ;)