Limelight Networks and Akamai Technologies Settle All Outstanding Legal Disputes
02 Aprile 2018 - 6:42PM
Business Wire
Limelight Networks, Inc. (Nasdaq: LLNW), a global leader in
digital content delivery, today announced it has entered into a
binding Memorandum of Understanding with Akamai Technologies that
settles all outstanding legal disputes between the parties. The
parties also agreed to license certain patents to one another as
part of the settlement. Terms of the settlement and licenses are
confidential.
The parties will dismiss with prejudice the pending actions in
the Eastern District of Virginia (Case 3:15-cv-00720-JAG), which
was scheduled to begin trial today, and the District of
Massachusetts (Case No. 1:16-cv-10253-GAO). This brings to
conclusion a series of patent disputes between the parties that
have been outstanding for the prior two years.
“We are pleased to finally have these disputes behind us,” said
Bob Lento, Limelight’s Chief Executive Officer. “We remain focused
on our top strategic priorities, including customer satisfaction,
employee growth and retention, and delivering superior returns to
our shareholders.”
Limelight will report results for the first quarter 2018
on Thursday, April 19.
About Limelight
Limelight Networks, a global leader in digital content delivery,
empowers customers to better engage online audiences by enabling
them to securely manage and globally deliver digital
content, on any device. The company’s Limelight Orchestrate
Platform includes a global infrastructure with a fully-integrated
suite of capabilities and services to help you address all your
content delivery needs. The Orchestrate Platform solves your most
important content delivery challenges so you can deliver the next
great digital experience anywhere. For more information, please
visit www.limelight.com and follow us on Twitter, Facebook and
LinkedIn.
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