rob.harrison

Limelight Networks: Friday Stock Spike Pinned On Positive Lawsuit News

Given Akamai's record on patent infringement litigation (RIAA; Speedera), they have settled litigation very much on their own terms. Limelight have defended themselves very vigorously in this matter and I would expect that the initially offered settlement terms (if any) would have been somewhat unfavorable. The question is probably now whether either side wants to settle. It may be in Akamai's interests to continue the case and Limelight may feel its position justified. The best thing to do would be to settle - it is good for the marketplace to have alternative CDN solutions offered and management time would be locked up in the legal battle rather than in the marketplace.