Inktomi Files to Go Public in Scorching IPO Market
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Amidst the onslaught of interest in Internet stocks, search software developer Inktomi Corp. filed today to go public to raise about $35 million.
Inktomi's search technology is behind Wired's HotBot and the soon to debut Microsoft Start.
The Berkeley, CA-based firm also makes Traffic Server, software for caching content on the Web, a method that increases traffic speed.
Inktomi announced a series of notable licensing deals for Traffic Server this week with heavy-hitters including America Online, Digital, and Nippon Telegraph and Telephone (NTT).
Tune in to Internet Stock Report next week for our take on the numbers and money analysis.