In the latest case of a technology company resolving an intellectual property dispute through acquisition, Internet software makers Akamai Technologies Inc. and Speedera Networks Inc. are ending a bitter three-year legal fight by merging. Cambridge, Mass.-based Akamai said Wednesday it would acquire its rival in an all-stock deal valued at $130 million. The buyer will issue roughly 12 million shares of common stock for Speedera, a Santa Clara, Calif., provider of Web services.
March 18, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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