Jury: Limelight Didn’t Infringe Level 3 Patents

A jury ruled Friday that content delivery network Limelight Networks (LLNW) has not infringed on patents owned by Level 3 Communications (LVLT). The ruling helped shares of Limelight gain 27 percent in Friday’s trading session.

Level 3 filed suit against Limelight in late 2007, asserting that Limelight was infringing on patents Level 3 acquired earlier that year with its purchase of the CDN assets of Savvis Communications (SVVS). Here are the press releases and blog coverage:

• Limelight’s statement
• Level 3′s press statement
• Contentinople
• Business of Video