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Short Take: Inktomi to announce acquisition

Inktomi, which develops Web caching and search technology, has issued a media advisory that it plans to announce an acquisition tomorrow. The San Mateo, California-based company has scheduled a press call for 8 a.m. ET. Mainly known for its search deals, Inktomi has increasingly tried focusing on its Web traffic and e-commerce servers. An Inktomi spokesman declined to comment.

Jim Hu Staff Writer, CNET News.com
Jim Hu
covers home broadband services and the Net's portal giants.
Jim Hu
Inktomi, which develops Web caching and search technology, has issued a media advisory that it plans to announce an acquisition tomorrow. The San Mateo, California-based company has scheduled a press call for 8 a.m. ET. Mainly known for its search deals, Inktomi has increasingly tried focusing on its Web traffic and e-commerce servers. An Inktomi spokesman declined to comment.