- The Supreme Court has ruled Limelight (NASDAQ:LLNW) is "not liable for inducing infringement" of an Akamai (NASDAQ:AKAM) CDN patent. (court ruling - .pdf)
- The SC's ruling overturns a guilty verdict against Limelight from a federal appeals court. The case was closely watched by tech companies who feared an Akamai victory would open the door to a large number of frivolous lawsuits from litigants claiming induced infringement.
- Google, Oracle, Cisco, and other tech giants backed Limelight in the dispute, as did the White House.
- LLNW +1.7% AH.
From other sites
at CNBC.com (Jan 2, 2013)
at CNBC.com (Jun 5, 2012)
at CNBC.com (Jun 1, 2011)
at CNBC.com (May 5, 2011)
at CNBC.com (Apr 29, 2011)
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