Editing Inktomi (section)

=== 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>