Inktomi

« Back to Glossary Index

Inktomi’s History
– Inktomi was founded in January 1996 by Eric Brewer and Paul Gauthier at the University of California, Berkeley.
– The company was initially based on the web search engine developed at the university.
– HotBot was the first search engine to use Inktomi’s search technology.
– In June 1998, Inktomi raised $36 million in an initial public offering.
– Microsoft, Yahoo!, and Disney partnered with Inktomi due to the success of HotBot.

Acquisitions and Expansions (1998-1999)
– In September 1998, Inktomi acquired C2B Technologies for $95 million in stock, adding shopping engine technology to its portfolio.
– The company raised additional capital in November 1998 at a 688% premium to its IPO price.
– In April 1999, Inktomi acquired Impulse Buy Network, adding 400 merchants to its shopping engine.
– In November 1999, Inktomi acquired Webspective, a company that developed technology for content management across distributed servers.
– Inktomi received revenue based on a percentage of sales and/or a pay-per-click model.

Expansion in the 21st Century
– In March 2000, Inktomi’s stock peaked at $241 per share.
– In August 2000, Inktomi acquired Ultraseek Server from The Walt Disney Company’s Go.com.
– In September 2000, Inktomi acquired FastForward Networks, which developed software for the distribution of live streaming media.
– In December 2000, Inktomi acquired the Content Bridge Business Unit from Adero, a content delivery network.
– In July 2001, Inktomi acquired eScene Networks, a company that developed software for video content management and publishing.

Acquisition by Yahoo!
– In 2002, Inktomi was restructured by Keyur Patel, resulting in the sale of the Ultraseek Server product to Verity.
– In March 2003, Yahoo! acquired the remaining assets of Inktomi for $241 million.
– In 2006, Websense acquired the technology behind Inktomi Proxy Server.
– In 2009, Yahoo! donated the Traffic Server technology to the Apache Software Foundation.

Miscellaneous Facts
– Inktomi Corporation was formed by UC Berkeley scientists to bring parallel processing power to commercial internet applications.
– Inktomi CEO looked to sell arms to a range of ISPs and portal sites.
– Inktomi accidentally allowed the public to access its database of spam websites.
Yahoo! completed the acquisition of Inktomi in May 2003.

Inktomi (Wikipedia)

Inktomi Corporation was a company that provided software for Internet service providers (ISPs). It was incorporated in Delaware and headquartered in Foster City, California, United States. Customers included Microsoft, HotBot, Amazon.com, eBay, and Walmart.

Inktomi Corporation
FoundedJanuary 1996; 28 years ago (1996-01)
FounderEric Brewer
Paul Gauthier
FateAcquired by Yahoo!
HeadquartersFoster City, California
Key people
David C. Peterschmidt
(Chairman & CEO)
RevenueDecrease $112 million (2002)
Decrease -$500 million (2002)
Total assetsDecrease $145 million (2002)
Total equityDecrease $46 million (2002)
Number of employees
200 (November 2002)
Footnotes / references

The company developed Traffic Server, a proxy server web cache for World Wide Web traffic and on-demand streaming media which transcoded images down to a smaller size for users of dial-up Internet access. Traffic Server was deployed by several large ISPs including AOL.

In 2003, after the bursting of the dot-com bubble, the company was acquired by Yahoo! for $241 million.

The company's name, pronounced "INK-tuh-me", was derived from a Lakota legend about the trickster spider Iktomi, known for his ability to outsmart larger adversaries. The tri-color nested cube logo was created by Tom Lamar in 1996.

« Back to Glossary Index

Submit your RFP

We can't wait to read about your project. Use the form below to submit your RFP!

Gabrielle Buff
Gabrielle Buff

Just left us a 5 star review

Great customer service and was able to walk us through the various options available to us in a way that made sense. Would definitely recommend!

Stoute Web Solutions has been a valuable resource for our business. Their attention to detail, expertise, and willingness to help at a moment's notice make them an essential support system for us.

Paul and the team are very professional, courteous, and efficient. They always respond immediately even to my minute concerns. Also, their SEO consultation is superb. These are good people!

Paul Stoute & his team are top notch! You will not find a more honest, hard working group whose focus is the success of your business. If you’re ready to work with the best to create the best for your business, go Stoute Web Solutions; you’ll definitely be glad you did!

Wonderful people that understand our needs and make it happen!

Paul is the absolute best! Always there with solutions in high pressure situations. A steady hand; always there when needed; I would recommend Paul to anyone!

facebook
Vince Fogliani
recommends

The team over at Stoute web solutions set my business up with a fantastic new website, could not be happier

facebook
Steve Sacre
recommends

If You are looking for Website design & creativity look no further. Paul & his team are the epitome of excellence.Don't take my word just refer to my website "stevestours.net"that Stoute Web Solutions created.This should convince anyone that You have finally found Your perfect fit

facebook
Jamie Hill
recommends

Paul and the team at Stoute Web are amazing. They are super fast to answer questions. Super easy to work with, and knows their stuff. 10,000 stars.

Paul and the team from Stoute Web solutions are awesome to work with. They're super intuitive on what best suits your needs and the end product is even better. We will be using them exclusively for our web design and hosting.

facebook
Dean Eardley
recommends

Beautifully functional websites from professional, knowledgeable team.

Along with hosting most of my url's Paul's business has helped me with website development, graphic design and even a really cool back end database app! I highly recommend him as your 360 solution to making your business more visible in today's social media driven marketplace.

I hate dealing with domain/site hosts. After terrible service for over a decade from Dreamhost, I was desperate to find a new one. I was lucky enough to win...

Paul Stoute has been extremely helpful in helping me choose the best package to suite my needs. Any time I had a technical issue he was there to help me through it. Superb customer service at a great value. I would recommend his services to anyone that wants a hassle free and quality experience for their website needs.

Paul is the BEST! I am a current customer and happy to say he has never let me down. Always responds quickly and if he cant fix the issue right away, if available, he provides you a temporary work around while researching the correct fix! Thanks for being an honest and great company!!

Paul Stoute is absolutely wonderful. Paul always responds to my calls and emails right away. He is truly the backbone of my business. From my fantastic website to popping right up on Google when people search for me and designing my business cards, Paul has been there every step of the way. I would recommend this company to anyone.

I can't say enough great things about Green Tie Hosting. Paul was wonderful in helping me get my website up and running quickly. I have stayed with Green...