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Send to email | Judge: Too Early To Shut Limelight Down In Akamai Patent Case (LLNW, AKAM) in AKAMLLNW | By Silicon el 18-Jun-2008 |
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Good news for Limelight Networks (LLNW) out of its patent hearing versus rival Akamai Technologies (AKAM) today in Boston: It doesn't have to shut down half of its business -- yet.
U.S. District Court Judge Rya Zobel says Akamai's motion for a permanent injunction against Limelight "is kind of premature," Reuters reports. Limelight estimates that half its content delivery business infringes the patent controlled by larger rival Akamai.
Judge Zobel says she'll consider a permanent injunction if she rules in favor of Akamai on other motions; that could take months. In Feburary, a jury awarded Akamai $45.5 million in damages after deciding that Limelight's services infringe on Akamai's patent.
Limelight stock is trading at $3.72, up 1.6% in after-hours, after increasing 2.5% Wednesday. It's still down 84% from its all-time high, reached shortly after its IPO last summer.
See Also: Limelight's Crazy Week Begins: Stock Soars 13% Ahead Of Patent Hearing What's Limelight's Non-Patent-Infringing Business Worth? Limelight Networks Feeling Pricing Pressure, Q1 Misses

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| Akamai-Limelight Patent War Could Drag On 'Til 2010, No Bailout Imminent: Analyst | | The patent war between content delivery networks Akamai Technologies (AKAM) and Limelight Networks (LLNW) could drag on for years, FBR analyst David Hilal warns. And don't expect Akamai to bail Limelight out with a last-second acquisition any time soon, he says.
Earlier this year, a jury found Limelight guilty of infringing a patent owned by MIT, licensed exclusively to Limelight's large [..] Read complete article |  | Published 10-Apr-2008 by Silicon in AKAMLLNWLVLTMSFTAMZN Read 0 times. More hits in  |
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| Judge Delivers World Of Warcraft-Inspired Decision [World Of Lawcraft] | | If I had to have a favorite judge, chief judge of the Delaware Court of Chancery William B. Chandler III would be the man. Chandler is famous for his deep understanding of the cases he rules on, from referencing 50 Cent to channeling Ray Charles for an opinion on a Coca-Cola case (baby-uh huh). Issuing [..] Read complete article |  | Published 03-Jul-2008 by Mike Fahey in World of Lawcraft activision blizzard Judge Law News World of Warcraft Read 1 times. More hits in ![Images about Judge Delivers World Of Warcraft-Inspired Decision [World Of Lawcraft]](./images/photo.gif) |
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