Inktomi To Acquire Content Management Vendor
Inktomi Corp., a supplier of Internet software to Web-hosting companies, yesterday said it will acquire
WebSpective, a privately held company that makes content
distribution and tracking software.
The deal, valued at $106 million, will allow Inktomi to
expand its Traffic Server platform to include a complete
software package for Internet content distribution,
delivery, and management. It will be incorporated into
Inktomi's offering of portal services software, which
includes search, directory, and shopping engines, as well as
its Traffic Server network cache. The company says the
acquisition of WebSpective's technologies will also help it
in developing a series of network applications for the
enterprise market, which Inktomi is looking to enter later
Under the terms of the acquisition, Inktomi will buy all of
WebSpective's outstanding stock and assume all stock options
in exchange for Inktomi common stock, accounting for the
transaction as a pooling of interests. The deal is expected
to close in the next quarter.
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