Inktomi Files to Go Public in Scorching IPO Market

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).

Between the two technologies it has to offer, combined with a stock market sending Internet shares soaring, guess what will happen to Inktomi?

Tune in to Internet Stock Report next week for our take on the numbers and money analysis.

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