Inktomi

Inktomi Corporation
Company typePublic
Nasdaq: INKT
FoundedJanuary 1996; 28 years ago (1996-01)[1]
FounderEric Brewer[1]
Paul Gauthier[1]
FateAcquired by Yahoo!
HeadquartersFoster City, California[1]
Key people
David C. Peterschmidt[2]
(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
[3]

Inktomi Corporation was an American Internet service provider (ISP) software developer based in Foster City, California. Customers included Microsoft, HotBot, Amazon.com, eBay, and Walmart.[3]

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.[4]

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.[1] The tri-color nested cube logo was created by Tom Lamar in 1996.

  1. ^ a b c d e "Inktomi Corporation Formed by UC Berkeley Scientists to Bring Parallel Processing Power to Commercial Internet Applications". Business Insider. May 20, 1996.
  2. ^ Tessler, Joelle (March 8, 1999). "Inktomi CEO Looks to Sell 'Arms' To Range of ISPs and Portal Sites". The Wall Street Journal.
  3. ^ a b "Inktomi Corporation 2002 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  4. ^ FISHER, LAWRENCE M. (April 17, 2000). "2 Companies Take Separate Paths To Speed Delivery of Web Pages". The New York Times.