Inktomi Eyes the Enterprise
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Inktomi (INKT) said the acquisition will expand the capabilities of its Traffic Server software by providing companies with one solution to manage Internet content distribution.
Inktomi said the acquisition will also give it technologies that will help it capitalize on the growing enterprise software market which it plans to enter later this year.
David Peterschmidt, Inktomi president and chief executive officer, said the purchase will help Inktomi make Traffic Server one of the most commonly used software packages on the Internet.
The deal is expected to close in the first quarter of 2000.