Akamai to Appeal Decision in Patent Litigation Case
Akamai Technologies, Inc. (NASDAQ: AKAM) today announced that it intends to appeal a decision by the judge presiding over its patent infringement suit against Limelight Networks, Inc. in the U.S. District Court of Massachusetts. The decision, released today, granted a Limelight motion challenging a prior jury finding of infringement, based on new case law.
In February 2008 a jury returned a verdict that Limelight was infringing a patent asserted by Akamai and awarded Akamai over $45 million in damages. The verdict, which came at the end of a three-week trial in Boston, stemmed from a lawsuit that Akamai had filed in 2006. The jury found that Limelight infringed all four of the claims that Akamai had asserted in its Internet content delivery patent, U.S. patent 6,108,703, issued in the name of Akamai founders Tom Leighton and the late Danny Lewin.
The Akamai Difference
Akamai® provides market-leading managed services for powering rich media, dynamic transactions, and enterprise applications online. Having pioneered the content delivery market one decade ago, Akamai's services have been adopted by the world's most recognized brands across diverse industries. The alternative to centralized Web infrastructure, Akamai's global network of tens of thousands of distributed servers provides the scale, reliability, insight and performance for businesses to succeed online. Akamai has transformed the Internet into a more viable place to inform, entertain, advertise, interact, and collaborate. To experience The Akamai Difference, visit www.akamai.com.
Akamai Statement Under the Private Securities Litigation Reform Act
The release contains information about future expectations, plans and prospects of Akamai Technologies, Inc.'s management that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, the outcome of litigation involving the Company and other factors that are discussed in the Company's Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other documents periodically filed with the SEC.