Plenty of internet companies choose to avoid patent battles, as the drawn-out lawsuits and counter-suits can quickly devolve into what some in the industry call “mutually assured destruction,” with the only winner being the lawyers. But the business of content delivery networks is not one of those industries that shies…

Content delivery network Limelight Networks has bought Delve Networks, a company that runs cloud-based video publishing and analytics services. Limelight (NSDQ: LLNW) offered a mix of common stock and cash to buy the Seattle-based Delve, but the specific terms were not disclosed. Update: Citing unidentified sources, Streaming Media’s Dan Rayburn…

Gaikai, a much-buzzed about startup that promises to let users play PC-based games in their web browsers, has added two big names to its list of backers. The company says that both Intel (NSDQ: INTC) venture arm Intel Capital and content delivery network Limelight Networks (NSDQ: LLNW) have made undisclosed…

Limelight (NSDQ: LLNW) filed some more details with SEC on its EyeWonder acquisition, officially announced this morning. From the filing:—Limelight and EyeWonder had been working together for a long time, and until the merger gets completed next year, will remain at hands length on any common business or referrals to…

Content management company Limelight Networks has bought interactive ad shop EyeWonder for $110 million. About $62 million of that will be in cash, though that amount could be adjusted, depending on EyeWonder’s financial condition at the time of the deal’s closing. The rest of the transaction will be made up…

Limelight (NSDQ: LLNW), the troubled CDN faced with an ongoing patent infringement lawsuit, reported Q2 revenue of $30.3 million, a 22 percent increase from the year-ago quarter. Losses spiked to $15.3 million from a loss of $10.6 million, although this quarter a large charge for litigation expenses. On a non-GAAP…

LimeLight, the deeply troubled content delivery network, said its CFO Matthew Hale will be leaving at the end of the year. The company has begun the search for a replacement. The brief statement, released at 4:30 this morning, offered no reason for the departure, though it’s worth noting that the…

The fight in the CDN space continues: In a mixed verdict for Limelight Networks (NSDQ: LLNW),  the U.S. District Court in Massachusetts refused to issue a permanent injunction against it while the case is on appeal and did not give Akamai (NSDQ: AKAM) summary judgment in the case, as the…

This case has been wending its way through the courts for awhile, but Akamai (NSDQ: AKAM) has won the latest round in its longstanding patent infringement case against rival CDN Limelight (NSDQ: LLNW). In a statement, the company said that a Boston jury found that Limelight had infringed on four…

CDN Limelight Networks (NSDQ: LLNW) has reported Q4 revenues of $29.1 million, up 31 percent year-over-year from $22.1 million. Net loss expanded to $6.2 million ($.08 per share), from $4.9 million ($.25 per share) in the equivalent year-ago period. It claims it would have made a slight profit, excluding share-based…

Content delivery network Limelight (NSDQ: LLNW) reported Q3 revenues of $29.2 million, 67 percent higher than last year’s $17.5 million. The company’s losses expanded to $3.1 million in the quarter from $1.4 million; excluding share-based compensation, legal expenses and certain deferred items, the company turned a profit of $2.3 million.…