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Limelight (LLNW -5.6%) dives after a patent infringement suit filed by bigger rival Akamai (AKAM...
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Friday, August 31, 2012, 11:58 AM ETLimelight (LLNW -5.6%) dives after a patent infringement suit filed by bigger rival Akamai (AKAM +0.9%) is remanded to a lower court for further judgment. In '08, a jury found Limelight guilty of infringing 3 Akamai patents and awarded Akamai $45.5M. But the verdict was thrown out by a district court judge, and the judge's ruling upheld by a federal appeals court.
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