I'll research this company to verify the profile facts.
Speedera Networks, Inc. was a privately held content delivery network (CDN) company founded in 1999 and headquartered at 4800 Great America Parkway, Santa Clara, California. It was a venture-backed startup (investors included Trinity Ventures, Palo Alto Investors and HP); reported total funding varies by source (roughly $27M–$67M), so no reliable figure is confirmed. It was not publicly traded. Akamai Technologies (NASDAQ: AKAM) acquired Speedera in a stock-for-stock merger announced March 2005 and closed June 10, 2005, valued at about $130 million (approximately 10.6–12 million Akamai shares). Speedera became a wholly-owned subsidiary of Akamai.
Products / operations. Speedera was an operating company, not a shell. It sold distributed application hosting and content delivery services — the "SpeedSuite" family — intended to address performance, scalability, availability and security for distributed applications and websites. Its edge delivery network spanned the Americas, Europe and Asia-Pacific with connectivity to over 1,000 carrier networks, managed by a patented global traffic management system. It had a second headquarters/development and support operation in Bangalore, India (wholly-owned subsidiary Saturn Networks India Private Limited) and, per third-party databases, over 400 customers at acquisition, including AMD, DoubleClick, Lowe's and Macromedia.
Patent-litigation posture. Speedera appears in the tracked data only as a defendant (0 plaintiff cases, 1 defendant case), in the U.S. District Court for the District of Massachusetts. That is consistent with an operating company being attacked by a larger competitor rather than an NPE asserting an acquired portfolio. The dispute was two-way in substance, however: Speedera countersued Akamai for infringement of its own U.S. Patent No. 6,484,143 (traffic management/content distribution), while Akamai asserted U.S. Patent No. 6,421,726.
Notable case. Akamai Technologies, Inc. v. Speedera Networks, Inc. (D. Mass., filed May 16, 2003, closed July 20, 2005) ran alongside a related California trade-secret action. All pending litigation between the parties was stayed on signing of the merger and dismissed with prejudice on closing.