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Limelight Networks
Company typePublic
Nasdaq: LLNW
IndustryContent delivery
Founded2001
FoundersNathan F. Raciborski, Michael M. Gordon, Allan M. Kaplan, William H. Rinehart[1]
HeadquartersTempe, Arizona, United States
Key people
Robert Lento (President, CEO, and Director)
RevenueIncrease US$ 180.24 Million (2012)[2]
Decrease US$ -32.90 Million (2012)[2]
Number of employees
Approx 500[citation needed]
Websitewww.limelight.com

Limelight Networks is a company that provides global content delivery network (CDN) services that enable organizations to deliver their digital content (e.g. videos, operating system updates, online games, etc.) to any device, anywhere in the world. As of December 2014, the company's network has over 80 points-of-presence and 15 Terabits [3] per second of egress capacity across the globe.[4] The company is based in Tempe, Arizona, U.S.A.

Company history

Limelight Networks was founded in 2001 in Tempe, Arizona as a provider of content delivery network services. Since then it has launched the Limelight Orchestrate Platform [5] to help customers create relationships with end users through video and content that engages them across any connected device anywhere in the world.

In July 2006, the company closed a $130 million equity financing round led by Goldman Sachs Capital Partners.[6] Limelight Networks later raised $240 million in an initial public offering, during June 2007,selling 16 million shares at $15.[7] In April 2008, company founder Michael Gordon was recognized as a "Streaming Media All-Star" by StreamingMedia Magazine, for his contributions to the industry.[8]

Over the years Limelight has received several other awards for its services including, receiving Frost & Sullivan's prestigious award for Product Line Strategy in 2012.[9] Forrester Research named Limelight a Strong Performer in The Forrester Wave™: Online Video Platforms, Q1 2013.[10]

Customers

In August 2007, the company announced a technology and services agreement with Microsoft under which Limelight will help improve the performance, scalability, and reliability of Internet delivery of media content and online services, including video, music, games, software, and social media, across Microsoft's global Internet properties.[11] In March 2008, the company was the infrastructure provider for the webcast of Oprah's "A New Earth" classroom series,[12] featuring author Eckhart Tolle. The live event drew over 800,000 users. The server crashed during the event because of an error in the programming code; the crash was widely misreported as a failure of network infrastructure.[13]

In May 2008, NBC announced that the company would be the content delivery network for the 2008 Summer Olympics webcast on NBCOlympics.com.[14] Ultimately, the company delivered "more than 50 million unique visitors, resulting in 1.3 billion page views, 70 million video streams, and 600 million minutes of video watched" for NBCOlympics.com, using Microsoft Silverlight technology.[15][16]

In June 2008, the company was the primary source of content delivery services for the online debut of Disney's Camp Rock. The 24-hour online event saw more than 863,000 total plays for the movie.[17] In January 2009, the company delivered the inauguration of U.S. President Barack Obama to 2.5 million Internet viewers around the world, resulting in more than 9 million simultaneous multimedia streams overall flowing through the company's network.[18] Later that year, in March, the company was the exclusive mobile content delivery provider for CBS' coverage of the 2009 NCAA Tournament. Limelight Networks' technology was used to deliver coverage of the college basketball games to the Apple iPhone.[19]

In 2012, Limelight helped deliver sporting events like the Wimbledon Tennis Championships, the Indian Cricket League, the European Championship and the RBS Six Nations’ rugby championships and helped several broadcasters deliver the 2012 Summer Games.[20][21]

Acquisitions

  • May 2009, the company acquired Kiptronic, Inc., a privately held provider of device-optimized content delivery solutions and dynamic advertising insertion.[22] It exists today as the Orchestrate Video offering.
  • April 2010, the company acquired EyeWonder, Inc., a privately held provider of rich media advertising (or "interactive digital advertising") founded in 1999 for $110 million.[23] As part of the purchase of EyeWonder, Limelight Networks, Inc. also purchased chors GmbH. Both of these businesses, which consisted of the EyeWonder business unit, were later sold to DG
  • August 2011 the company acquired Delve Networks, Inc., a privately held provider of cloud-based video publishing and analytics services.[24] It exists today as the Orchestrate Video offering.
  • May 2011, the company acquired AcceloWeb for $20 million. It exists today as the Orchestrate Performance offering.
  • May 2011, the company acquired Clickability,[25] a web content management system company, for $10 million. On December 23, 2013 Upland Software announced that they had acquired Clickability from Limelight.[26]

Patent lawsuits

In June 2006, Limelight Networks was sued by Akamai Technologies and the Massachusetts Institute of Technology over alleged patent infringement.[27][28][29] In April 2009, the District Court for the District of Massachusetts ruled that Limelight Networks did not infringe,[30] overturning the February 2008 finding of a Boston jury.[31] Similarly, in December 2007, Limelight Networks was sued by Level 3 Communications over alleged intellectual property and patent infringement.[32] In January 2009, a jury ruled that Limelight Networks did not infringe.[33][34] Akamai Technologies appealed part of the decision. On April 20, 2011, the United States Court of Appeals for the Federal Circuit granted the petition by Akamai Technologies for rehearing en banc its appeal in Akamai Technologies, Inc. v. Limelight Networks, Inc. The order vacated the earlier opinion of December 20, 2010. The order includes a request to file new briefs addressing this question: If separate entities each perform separate steps of a method claim, under what circumstances would that claim be directly infringed and to what extent would each of the parties be liable? [35]

On August 31, 2012, the Court of Appeals for the Federal Circuit issued its opinion in the case. The Court of Appeals stated that the trial court determined that Limelight did not directly infringe on Akamai's patent. A slim majority in this three-way divided opinion also announced a revised legal theory of induced infringement, remanded the case to the trial court giving Akamai an opportunity for a new trial to attempt to prove induced infringement. On December 28, 2012, Limelight filed a petition asking the Supreme Court to review the decision of the Federal Circuit regarding the standard for induced infringement in cases where multiple parties may perform various steps of a patented claim. Akamai filed a cross petition asking the Court to also review the standard for direct infringement in those cases. On June 24, 2013, the Supreme Court asked the Solicitor General to weigh in on the petition for certiorari.[36] In June, 2014, the Supreme Court reached a unanimous decision rejecting Akamai's claim of "induced infringement"[37]

On July 1, 2016, it was announced that the Massachusetts District Court entered the final judgment in the case, with Limelight paying $51M in total damages to Akamai (to be reflected in Limelight's 2016 Q2 earnings)."Akamai wins patent lawsuit, with rival forced to pay $51M". Boston Business Journal.

Customers

See also

References

Specific citations:

  1. ^ https://www.sec.gov/Archives/edgar/data/1391127/000095015307000612/p73585sv1.htm
  2. ^ a b "Limelight Networks, Inc. (LLNW) Company Financials". NASDAQ. Retrieved 2013-08-30.
  3. ^ " Limelight Networks joins Google Cloud Platform’s CDN Interconnect Program”(June 22, 2016) http://www.hostingjournalist.com/cdn-hosting/limelight-networks-joins-google-cloud-platforms-cdn-interconnect-program/
  4. ^ "Limelight Launches DDoS attacks to Detection and Migration Services". Multichannel News.
  5. ^ "Orchestrate: Cloud-Based Platform". Limelight Networks.
  6. ^ Casacchia, Chris (July 26, 2006). "Limelight Networks scores $130M equity deal".
  7. ^ See http://www.datacenterknowledge.com/archives/2007/06/10/limelight-return-of-the-first-day-ipo-pop/
  8. ^ Schumacher, Eric. "The 2008 Streaming Media All-Stars". Streamingmedia.com. Retrieved 2012-07-14.
  9. ^ Frost & Sullivan Lauds Limelight for its Expansive Product Innovation and Capability, Beyond the Scope of a Traditional Online Video Platform
  10. ^ Forrester Wave Report: Q1 2013
  11. ^ https://web.archive.org/web/20100913035445/http://www.limelightnetworks.com/2007/08/limelight-networks-teams-with-microsoft-to-deliver-next-generation-network/. Archived from the original on September 13, 2010. Retrieved November 9, 2009. {{cite web}}: Missing or empty |title= (help); Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  12. ^ "A New Earth: Are You Ready to be Awakened?". Oprah.com. 2008-01-30. Retrieved 2012-07-14.
  13. ^ "Shelly Palmer: Oprah's Webcast: State-of-the-Art, But Not What You Think". HuffingtonPost.com. 2008-03-07. Retrieved 2012-07-14.
  14. ^ Donohue, Steve. "NBC Banks on New Technology for Olympics". Contentinople. Retrieved 2012-07-14.
  15. ^ Katz, Leslie (2009-01-17). "Microsoft's Silverlight: Yes, we can". CNET News. cnet.com. Retrieved 2012-07-14.
  16. ^ Fried, Ina (2008-07-31). "What it takes to bring the Olympics to the PC". International.com.com. Retrieved 2012-07-14.
  17. ^ "The Walt Disney Internet Group - Press Release". disney.go.com. 2008-06-26. Retrieved 2012-07-14.
  18. ^ Rayburn, Dan (2009-01-27). "Limelight To Akamai: "My Network Is Bigger Than Your Network", The Debate Begins". StreamingMediaBlog.com. streamingmedia.com. Retrieved 2012-07-14.
  19. ^ Frommer, Dan (2009-03-20). "Limelight Picking Up Steam In Mobile Video". BusinessInsider.com. Retrieved 2012-07-14.
  20. ^ "Limelight Networks Helps Stream Various Global Sports Events". CDN Advisor. 2012-07-27.
  21. ^ LLNW Press Release: Limelight Brings Live Action of World's Largest Sporting Events to Global Fans, July 26, 2012.
  22. ^ https://web.archive.org/web/20090930035850/http://www.limelightnetworks.com/2009/05/limelight-networks-acquires-mobility-and-monetization-innovator-kiptronic-inc/. Archived from the original on September 30, 2009. Retrieved November 9, 2009. {{cite web}}: Missing or empty |title= (help); Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  23. ^ "Limelight Networks Closes on EyeWonder Acquisition". llnw.com. 2010-05-03. Retrieved 2012-07-14.
  24. ^ https://web.archive.org/web/20110101084957/http://www.limelightnetworks.com/2010/08/limelight-networks-acquires-online-video-publishing-innovator-delve-networks/. Archived from the original on January 1, 2011. Retrieved November 10, 2010. {{cite web}}: Missing or empty |title= (help); Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  25. ^ Johnston, Mike (May 3, 2011). "Clickability acquired by Limelight Networks". cmscritic.com. Retrieved 2013-08-30.
  26. ^ "Upland Software Acquires Clickability Web Content Management Business". uplandsoftware.com. 2013-12-23. Retrieved 2014-05-01.
  27. ^ "Boston Globe, July 15, 2006 - Akamai, MIT hit Limelight with patent suit - Companies are rivals in Net content delivery". Boston.com. 2006-07-15. Retrieved 2012-07-14.
  28. ^ "GigaOM, July 11, 2006 - Akamai Sues Limelight Networks". Gigaom.com. 2006-07-11. Retrieved 2012-07-14.
  29. ^ UNITED STATES DISTRICT COURT DISTRICT OF MASSACHUSETTS. "AKAMAI TECHNOLOGIES, INC., et al. v. LIMELIGHT NETWORKS, INC. ORDER REGARDING CLAIM CONSTRUCTION" (PDF). Retrieved 2008-02-21.
  30. ^ http://www.limelightnetworks.com/2009/04/court-rules-limelight-networks™-does-not-infringe-akamai-patent/
  31. ^ "Updated: Akamai Prevails In Court Over Limelight; $45 Million Award; Limelight Shares Crushed — Tech News and Analysis". Paidcontent.org. 2008-03-01. Retrieved 2012-07-14.
  32. ^ "Level 3 Communications, LLC v. Limelight Networks, Inc. - 2:2007cv00589 - Justia Federal District Court Filings and Dockets". Dockets.justia.com. 2007-12-17. Retrieved 2012-07-14.
  33. ^ https://web.archive.org/web/20110101080053/http://www.limelightnetworks.com/2009/01/limelight-networks-found-not-to-infringe-on-level-3-patents/. Archived from the original on January 1, 2011. Retrieved November 9, 2009. {{cite web}}: Missing or empty |title= (help); Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  34. ^ Ando, Ritsuko (January 23, 2009). "Jury says Limelight did not infringe Level 3 patents". Reuters.
  35. ^ Schwegman, Lundberg; Woessner, P.A. (April 25, 2011). "Petition Granted for Rehearing en banc of Akamai Technologies v. Limelight Networks". The National Law Review. Retrieved September 8, 2012.
  36. ^ LLNW Form 10-Q for the period ending June 30, 2013.
  37. ^ http://patentlyo.com/patent/2014/06/8151.html
  38. ^ "Limelight Networks Delivers Amazon Unbox". Press Release. Limelight Networks.
  39. ^ "Limelight Helps AnyClip Media Deliver Outstanding Digital Experiences Worldwide". Yahoo Finance. Retrieved 2014-09-17.
  40. ^ http://blog.streamingmedia.com/2015/11/apple-multi-cdn-limelight.html
  41. ^ "Limelight to Provide CDN and Digital Presence for Capcom". CDN-Advisor.com. Retrieved 2013-04-18.
  42. ^ “CesarsWay.com Engages Global Audiences, Drives Revenue With Limelight Video Platform,” By Telecom Ramblings, April 17, 2012
  43. ^ Coach Guitar Leverages Limelight's Solutions to Power its Downloads," By Rushin Shah, CDN Advisor, March 5, 2015
  44. ^ "Costume SuperCenter Optimizes its Website by Leveraging Limelight Networks’ Offerings," By Rushin Shah, CDN Ramblings, October 10, 2014
  45. ^ "DirecTV and Limelight Networks: Reaching More Viewers with HTTP Dynamic Streaming". Retrieved 2012-11-07.
  46. ^ See last paragraph of this press release: http://corporate.disney.go.com/wdig/news_release/2008/2008_06_26_camprock.html
  47. ^ "In the Limelight » Blog Archive » Welcome to In The Limelight". Blog.llnw.com. 2008-06-15. Retrieved 2012-07-14.
  48. ^ Limelight Networks Announces Extended Relationship With Facebook from redorbit.com Archived December 20, 2008, at the Wayback Machine
  49. ^ See first paragraph of http://www.limelightnetworks.com/2008/03/limelight-networks-introduces-live-event-services/
  50. ^ "Microsoft Relying More On Third Party CDNs, Limelight Networks Getting More Business," By: Dan Rayburn, StreamingMediaBlog.com, February 17, 2015
  51. ^ Miller, Rich (January 16, 2007). "Netflix to Offer Streaming Movies". DataCenterKnowledge.com. Retrieved 2012-07-14.
  52. ^ http://www.cdn-advisor.com/limelight-orchestrate-power-online-video-nonlinear-educating-inc/Title%7CLimelight Orchestrate to Power Online Video for NonLinear Educating Inc.|access date July 1, 2014
  53. ^ "NeuLion, Limelight integrate platforms for end-to-end TV everywhere delivery," By: Michelle Clancy, Rapid TV News, April 23, 2014
  54. ^ https://web.archive.org/web/20110101063213/http://www.limelightnetworks.com/2008/05/limelight-networks-selected-by-nissan-motors-to-deliver-japanese-web-site/. Archived from the original on January 1, 2011. Retrieved November 9, 2009. {{cite web}}: Missing or empty |title= (help); Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  55. ^ http://www.telecompaper.com/news/plarium-global-enhances-game-performance-with-limelight--1027268%7Ctitle= Plarium Global enhances game performance with Limelight|Access Date= July 1, 2015
  56. ^ "Press Release - Limelight Networks Content Delivery Technology Adopted for Playstation 3 And PSP System Software Updates". Gameinfowire.com. Retrieved 2012-07-14.
  57. ^ "Cloud Computing, Managed Hosting, Dedicated Server Hosting by Rackspace". Rackspace.com. Retrieved 2012-07-14.
  58. ^ http://www.radioworld.com/article/limelight-networks-delivers-for-streamon/271829 |title= Limelight Networks Delivers for Stream On| Access Date=July 1, 2015
  59. ^ "In the Limelight » Blog Archive » Providing Content Delivery Services for TOYOTA Motor Corporation". Blog.llnw.com. 2008-12-23. Retrieved 2012-07-14.
  60. ^ "XO Communications Launches CDN Services Using Limelight's Managed CDN Platform". Retrieved 2013-09-27.

General references:

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