For Now Limelight Doesn’t Fear Akamai
Three weeks after Limelight Networks raised a whopping $240 million from the public markets, the content delivery network company got more good news: a court has said that Akamai could not patent the way files are delivered over the internet, thereby removing a big dark cloud from over Limelight.
Akamai, which is the biggest CDN player had sued Limelight, a year ago, alleging patent infringement. The court decision bumped up the stock by about $5, to over $20 a share, what many see as short-covering. Don’t count out Akamai, which has a history of fiercely protecting its patents.
Follow us on Twitter or subscribe to the feed
Sponsor Gallery
Recent
GigaOM Network
- Google Chrome OS: Distraction or Opportunity? [jkOnTheRun]
- Should We Force Marriage Between Broadband and Power Cos? [GigaOM]
- AmazingMail’s Web-to-Print Engine for iPhone [TheAppleBlog]
- Create a Free Poll Quickly With ProProfs [WebWorkerDaily]
- Solar Data Needs Standards, Too [Earth2Tech]
- List your LUG or Regional Meetings On Fossevents.org [OStatic]
- Operation Midnight Climax Depicts One of the CIA’s Dirty, Sexy Secrets [NewTeeVee]
© 2009 The GigaOM Network. Marketing consulting by ACS.
[...] 12th, 2007 Akamai sued Limelight last year for patent infringement. Om Malik thinks there’re OK for now: Three weeks after Limelight Networks raised a whopping $240 million from the public [...]
Limelight « Stockr on July 11th, 2007 at 10:27 pm - Permalink
[...] says it will appeal the decision. Akamai had filed a law suit against Limelight in July 2006 and the two companies have been duking it out in the courts. Akamai won the lawsuit but Limelight appealed in February [...]
Court Says Limelight Doesn’t Infringe Patent. Akamai Disagrees on April 26th, 2009 at 6:40 pm - Permalink
[...] says it will appeal the decision. Akamai had filed a lawsuit against Limelight in July 2006, and the two companies have been duking it out in the courts. Akamai won the lawsuit, but Limelight appealed in February [...]
Court Says Limelight Doesn’t Infringe Patent, Akamai Disagrees | tech.shaundunne.com on April 27th, 2009 at 12:49 am - Permalink