A U.S. District Court judge overturned the jury decision that found Limelight Networks Inc. (Nasdaq: LLNW)’s content delivery network (CDN) infringed on Akamai Technologies Inc. (Nasdaq: AKAM)’s intellectual property over the weekend, marking a major victory for Limelight in the long-running legal battle.
On Friday, U.S. District Court Judge Rya Zobel granted Limelight’s motion for judgment as a matter of law, citing the standard set forth in the recent MuniAuction Inc. v. Thomson Corp. case as a key element for the decision.
Of course, this isn’t the end of the legal battle between the companies, as Akamai has said that it plans to appeal the decision.
From an operational standpoint, the decision won’t have much impact on Limelight, as the company had already implemented a workaround to avoid infringing on Akamai’s intellectual property. But the judge’s decision will reverse expenses of approximately $66 million that Limelight accrued for potential damages and interest since the jury’s verdict last year.
Read more of Ryan Lawler’s article @ http://www.contentinople.com/author.asp?section_id=450&doc_id=175890