Online content delivery network Akamai Technologies - the biggest in terms of market share - has filed a lawsuit against competitor, start-up Cotendo Inc., paidContent reported today. Massachusetts-based Akamai claims that Cotendo, which provides website acceleration and online content delivery services, is infringing on three of its patents, but Cotendo has said it will fight the allegations in court.
The California-based Cotendo said the lawsuit, filed by Akamai and MIT, has no merit and that it will "defend the suit vigorously," the Boston Globe reported. In the suit, the plaintiffs are asking the U.S. district court for an injunction to stop Cotendo from using "methods covered by the patents," the report stated.
"When competing companies use patents to battle each other, the most common pattern is small or defunct companies suing market leaders, looking to cash in their patents. But 'predatory' patent lawsuits such as Akamai's, brought by dominant players against smaller competitors, do happen as well," paidContent's Joe Mullin explained.
Akamai has a market cap of US$9.5 billion, according to an article by Israeli business news site Globes.