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 Send to email | Limelight-Akamai Judge: No Permanent Injunction Yet, No New Trial* (LLNW, AKAM) in AKAMTLLNWLVLT |  By Silicon
el 01-Jul-2008 |
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 (Updated) Mixed news for Limelight Networks (LLNW) in its patent war with larger rival Akamai Technologies (AKAM): U.S. Federal Judge Rya Zobel says it's "premature" to grant Akamai's request for a permanent injunction against Limelight, which is violating an Akamai-controlled patent. That's good news for Limelight -- an injunction would jeopardize about half of its business. But it's not out of the woods yet -- the judge could still rule against Limelight at a later time.
Judge Zobel also denied Limelight's motions, including a request for a new trial. The court hasn't announced a date for the resolution of Limelight's other, pending defenses, according to a press release.
In February, a U.S. District Court jury ordered that Limelight pay Akamai $45.5 million for the infringement. (For perspective, Limelight's quarterly revenues are around $30 million.)
Analysts expect that Limelight will announce a technology workaround during its Q2 earnings call, likely in August. Will it still be around then? Or will it get scooped up by Level3 (LVLT), AT&T (T), or Akamai (AKAM) in the meantime?
Limelight shares traded up 0.5% to $3.84 today; Akamai closed at $35.48, up 2% on the day.
See Also:
Judge: Too Early To Shut Limelight Down In Akamai Patent Case
What's Limelight's Non-Patent-Infringing Business Worth?
Limelight Networks Feeling Pricing Pressure, Q1 Misses
Disclosure: SAI Chairman Kevin Ryan is a major investor in Panther Express, which competes with Akamai and Limelight.
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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
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Limelight Networks' next date in court with Akamai Technologies, which has -- so far -- been mostly victorious in their patent war: June 18 in Boston.
On tap: Federal Judge Rya Zobel will hea [..] 
Content delivery network Akamai Technologies (AKAM) is still a "core Internet stock," but it's not cheap enough to buy, says Citi analyst Mike Mahaney, who downgraded the sto [..] 
