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CWP Clipper Reg S

65.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Clipper Reg S LSE:CWP London Ordinary Share GB00B09H7Z56 ORD 10P (REG S)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 65.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Cable & Wireless America and Akamai Reach Agreement Over Patent Disputes

07/11/2003 6:16pm

PR Newswire (US)


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Cable & Wireless America and Akamai Reach Agreement Over Patent Disputes SAN FRANCISCO, Calif., Nov. 7 /PRNewswire-FirstCall/ -- Cable & Wireless America today announced that it has reached an agreement with Akamai Technologies, Inc. over the patent disputes relating to the two companies' content delivery network (CDN) services. Under the agreement, the two companies have agreed to dismiss the two lawsuits recently filed by Akamai against Cable & Wireless and the pending lawsuits filed by Cable & Wireless against Akamai, release each company from all previous patent infringements, and refrain for five years from further patent litigation under their present patent portfolios and related patents. As part of the agreement, no cash payments or compensation will be made and each party may continue to offer its CDN services. Akamai will be permitted to pursue its damages claims resulting from the litigation relating to U.S. Patent No. 6,108,703. A judge limited the scope of Akamai's claims to a CDN technology previously used by Cable & Wireless America to support a small number of customers. Cable & Wireless America expects any damages that might be awarded to be immaterial to its business. "We are pleased to be able to reach a settlement and put this episode behind us," said Cheryl Houser, acting general counsel, Cable & Wireless America. "Our recently issued foreign patents, our expected additional U.S. patents, and the District Court and recent Federal Circuit decisions invalidating Akamai patent claims confirmed the scope and priority of our inventions. While we are confident that we would have been successful, the litigation would have continued for years, and we felt that it was better for our companies and the CDN industry to reach closure on these matters." About Cable & Wireless America Cable & Wireless America is one of the leading providers of complex hosting and IP solutions for global enterprises, counting 40% of the Fortune 100 among its customers. The company's portfolio of services includes a wide range of flexible and secure IP connectivity and networking solutions along with complete and secure infrastructure to support complex web hosting. Cable & Wireless America is part of the Cable & Wireless group, whose principal operations are in the United Kingdom, continental Europe, the United States, Japan, the Caribbean, Panama, the Middle East and Macau. For more information about Cable & Wireless America, go to http://www.cwusa.com/. DATASOURCE: Cable & Wireless America CONTACT: media, Chad Couser, +1-703-667-6180, or , or industry analysts, Rolyn Parker, 1-415-738-4643, or , both of Cable & Wireless America Web site: http://www.cw.com/

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