Editing Inktomi (section)

==History==
Inktomi was founded in January 1996 by [[University of California, Berkeley]] professor [[Eric Brewer (computer scientist)|Eric Brewer]] and graduate student Paul Gauthier at the University of California, Berkeley. The company was initially founded based on the [[web search engine]] that was developed at the university.<ref name=formed>{{cite news | url=https://tech-insider.org/internet/research/1996/0520.html | title=Inktomi Corporation Formed by UC Berkeley Scientists to Bring Parallel Processing Power to Commercial Internet Applications | work=[[Business Insider]] | date=May 20, 1996}}</ref> [[HotBot]] was the first search engine that made use of Inktomi's search technology.<ref>{{Cite web|url=https://apnews.com/74cd8f724bb07c1eafe95edef18ab8d5|title=New Search Tool Hits the Web|website=[[Associated Press]]}}</ref>

=== 1998 to 1999 ===
In June 1998, the company raised $36 million in an [[initial public offering]].<ref>{{cite news | url=https://www.wsj.com/articles/SB897492389745278500 | title=Inktomi's Shares Double In a Sizzling Street Debut | first=Scott | last=Thurm | work=[[The Wall Street Journal]] | date=June 11, 1998 | url-access=subscription}}</ref> Its success in making HotBot the top rated search engine led to Microsoft, Yahoo! and Disney all partnering with Inktomi.<ref>{{Cite web|url=http://news.bbc.co.uk/1/hi/business/128974.stm|title = BBC News &#124; the Company File &#124; Inktomi searches for Net profits in Europe}}</ref>

In September 1998, the company acquired C2B Technologies for $95 million in stock, adding shopping engine technology to its portfolio.<ref>{{cite news | url=https://www.latimes.com/archives/la-xpm-1998-sep-02-fi-18677-story.html | title=Inktomi to Buy C2B for E-Commerce Boost | newspaper=[[Los Angeles Times]] | agency=[[Bloomberg News]] | date=September 2, 1998 | url-access=subscription}}</ref>

In November 1998, the company raised additional capital at a 688% premium to its IPO price five months earlier.<ref>{{cite news | url=https://www.wsj.com/articles/SB911186098813111500 | title=Inktomi Returns to Market With a Follow-On Offering | first=Dunstan | last=Prial | work=[[The Wall Street Journal]] | date=November 16, 1998 | url-access=subscription}}</ref>

In March 1999, CEO David Peterschmidt said that Inktomi would become an "arms merchant" to a growing number of [[content delivery network]] service providers.<ref>{{cite news | url=https://www.wsj.com/articles/SB920925434912378000 | title=Inktomi CEO Looks to Sell 'Arms' To Range of ISPs and Portal Sites | first=Joelle | last=Tessler | work=[[The Wall Street Journal]] | date=March 8, 1999 | url-access=subscription}}</ref> Inktomi received revenue based on a  percentage of sales and/or a [[pay per click]] model.

In April 1999, the company acquired Impulse Buy Network, adding 400 merchants to its shopping engine.<ref>{{cite news | url=https://www.forbes.com/1999/04/22/mu6.html | title=Inktomi acquires Impulse! Buy Network | first=Penelope | last=Patsuris | work=[[Forbes]] | date=April 22, 1999}}</ref>

In November 1999, the company acquired Webspective, which developed technology for [[content management]] across a host of distributed servers to be used in [[Load balancing (computing)|load balancing]], for $106 million in stock.<ref>{{cite news | url=https://www.nytimes.com/1999/09/17/business/company-news-inktomi-to-buy-webspective-software-for-106-million.html | title=INKTOMI TO BUY WEBSPECTIVE SOFTWARE FOR $106 MILLION | newspaper=[[The New York Times]] | agency=[[Reuters]] | date=September 17, 1999}}</ref>

=== 21st century ===
In March 2000, the company's stock peaked at a price of $241 per share.<ref>{{cite news | url=https://www.latimes.com/archives/la-xpm-2000-sep-05-fi-15567-story.html | title=Inktomi Investors Trapped by High Values; Fannie Mae for Near Term |last1=PELTZ |first1=JAMES | date=September 5, 2000|work=[[Los Angeles Times]] | last2=HILTZIK | first2=MICHAEL | url-access=subscription}}</ref>

In August 2000, the company acquired Ultraseek Server from [[The Walt Disney Company]]'s [[Go.com]].<ref>{{cite news | url=https://www.nytimes.com/2000/06/09/business/company-news-gocom-is-selling-ultraseek-to-inktomi-for-344-million.html | title=GO.COM IS SELLING ULTRASEEK TO INKTOMI FOR $344 MILLION | work=[[The New York Times]] | date=June 9, 2000}}</ref>

In September 2000, the company acquired FastForward Networks, which developed software for the distribution of live streaming media over the Internet using "app-level" multicast technology, for $1.3 billion in stock.<ref>{{cite news | url=https://money.cnn.com/2000/09/13/deals/inktomi/index.htm | title=Inktomi buys FastForward | work=[[CNN]] | date=September 13, 2000}}</ref>

In December 2000, the company acquired the Content Bridge Business Unit from Adero, a content delivery network, which had formed the Content Bridge Alliance with Inktomi and other ISPs, hosting providers and IP transport providers in August 2000.<ref>{{cite news | url=https://www.nytimes.com/2000/08/24/business/technology-briefing-internet-inktomi-aol-and-adero-form-alliance.html | title=INKTOMI, AOL AND ADERO FORM ALLIANCE | work=[[The New York Times]] | date=August 24, 2000}}</ref><ref>{{cite news | url=https://www.itworld.com/article/2801426/adero-to-private-label-content-services.html | title=Adero to private-label content services | work=[[International Data Group]] | date=January 15, 2001}}</ref>

An article written by [[Danny Sullivan (technologist)|Danny Sullivan]] for [[Search Engine Watch]] on October 1, 2001, revealed that Inktomi accidentally allowed the public to access its database of spam websites, which contained over one million of such sites, through a search result on competing search engine [[AlltheWeb|AllTheWeb]].<ref name="internetseh">{{cite web|url=http://www.wordstream.com/articles/internet-search-engines-history|title=History of Search Engines - Chronological List of Internet Search Engines|access-date=February 3, 2014}}</ref><ref>{{Cite web|url=http://www.searchenginehistory.com/|title=Search Engine History.com|website=www.searchenginehistory.com|access-date=2019-05-20}}</ref><ref name=":0">{{Cite web|url=http://searchenginewatch.com/article/2066745/Inktomi-Spam-Database-Left-Open-To-Public|title=Inktomi Spam Database Left Open To Public|last=Sullivan|first=Danny|date=October 1, 2001|website=[[Search Engine Watch]]|archive-url=https://web.archive.org/web/20140410121615/http://searchenginewatch.com/article/2066745/Inktomi-Spam-Database-Left-Open-To-Public|archive-date=April 10, 2014|url-status=dead|access-date=May 20, 2019}}</ref> The database was found by Brett Tabke, who ran the Search Engine World website.<ref name=":0" />

In July 2001, the company acquired eScene Networks, which developed software that provided an integrated workflow for the management and publishing of video content.<ref>{{cite news | url=https://www.computerworld.com.au/article/43569/inktomi_acquires_escene_networks/ | title=Inktomi acquires eScene Networks | first=April | last=Jacobs | work=[[Computerworld]] | date=July 19, 2001}}</ref>

In 2002, after the burst of the [[dot-com bubble]], the company was restructured by Keyur Patel who joined Inktomi as investor, and senior vice president, strategy, marketing and technology.<ref>{{cite web |url=https://www.sec.gov/Archives/edgar/data/1024302/000089161803000280/f86734a1e10vkza.htm | title=inktomi FORM 10-K/A For the fiscal year ended September 30, 2002 | date=August 5, 2003}}</ref>

His restructuring led to the sale of the Ultraseek Server product (renamed Inktomi Enterprise Search) to Verity in late 2002 and the sale of the rest of the company to [[Yahoo!]]'s [[Yahoo! Search]] for $1.63 per share, or $241 million, completed on March 19, 2003.<ref>{{cite news | url=https://usatoday30.usatoday.com/money/industries/technology/2002-12-23-yahoo-inktomi_x.htm | title=Yahoo to buy search-software maker Inktomi | work=[[USA Today]] | date=December 23, 2002}}</ref><ref>{{cite news | url=https://www.businesswire.com/news/home/20030319005624/en/Yahoo%21-Inktomi-Announce-Completion-Acquisition-Inktomi-Wholly-Owned | title=Yahoo and Inktomi Announce Completion of Acquisition | work=[[Business Wire]] | date= 4 May 2020}}</ref>

In 2006, the technology behind the Inktomi Proxy Server was acquired by [[Websense]], which was modified and included in the Websense Security Gateway.

In 2009, Yahoo! donated the Traffic Server technology to the [[Apache Software Foundation]].<ref>{{cite news | url=https://www.networkworld.com/article/779667/cloud-computing-yahoo-donates-traffic-server-to-apache.html | title=Inktomi Investors Trapped by High Values; Fannie Mae for Near Term | first=Paul | last=Krill | work=[[International Data Group]] | date=November 3, 2009}}</ref>