Akamai (AKAM) is pleased with its court victory over Limelight Networks (LLNW), but had hoped to be awarded at least $100 million in damages.
Akamai Technologies (AKAM) has prevailed in its patent infringement case with rival Limelight Networks (LLNW), which has been ordered to pay damages of $45.5 million.
Shares of Akamai (AKAM) surged, boosted by strong earnings and evidence that concerns about price wars in the CDN market are overblown.
The judge in the lawsuit between Akamai (AKAM) and Limelight (LLNW) has streamlined the suit, focusing on one of the three patents at issue.
Traffic from social media sites on Akamai's platform now exceeds more than 1 million requests per second.
Akamai (AKAM) is reportedly preparing to announce a peer-to-peer (P2P) add-on to its content delivery network.
Akamai Chief Scientist Tom Leighton says his company's network is superior to the recent flood of CDN startups.
Akamai Chief Scientist Tom Leighton says his company's network is superior to the recent flood of CDN startups.
Akamai shares are up 23.7 percent over the last four sessions on Wall Street.
Huge traffic for streaming media at MLB.com is boosting shares of Akamai (AKAM).