InterDigital, Inc. has acquired a sizable new patent portfolio from a now-defunct content delivery network (CDN) provider. Late last year, Edgio (f/k/a Limelight Networks), once a mainstay in the CDN space, entered into Chapter 11 bankruptcy and sold off various aspects of its business and assets in the process—including its patent portfolio, for which InterDigital subsidiary DRNC Holdings, Inc. submitted the winning bid in November. However, that deal almost fell apart in the final stretch after Edgio, two days after it signed the parties’ Patent Purchase Agreement, made a new demand for a license-back agreement.
