Yahoo Buys Inktomi for $235 Million


				<script language="JavaScript1.1" src="http://ad.doubleclick.net/adj/direct.iclick.com/adtarget;abr=!ie;area=sr_searchenginemktg;sz=468x60;tile=1;ord=91364687?"></script><noscript><a href="http://ad.doubleclick.net/jump/direct.iclick.com/adtarget;area=sr_searchenginemktg;sz=468x60;tile=1;ord=91364687?" target="_blank"><img src="http://ad.doubleclick.net/ad/direct.iclick.com/adtarget;area=sr_searchenginemktg;sz=468x60;tile=1;ord=91364687?" border="0" width="468" height="60" ></a></noscript>

A PRIMEDIA Property



		PUBLISHED BY:

PROFILES:
TJ Maxx
WD Music
Sanibel Resorts
Red Envelope

GLOSSARY TERMS:
Paid Placement
Paid Inclusion
Cost Per Click (CPC)
SEO
Definitions

Yahoo Buys Inktomi for $235 Million

Search Engine Marketing, Dec 23 2002

Yahoo Inc. is acquiring search engine company Inktomi Corp. for $235 million.

Print-friendly format

E-mail this information

Yahoo Inc. is acquiring search engine company Inktomi Corp. for $235 million.

In an agreement announced Monday morning, Sunnyvale, CA-based Yahoo said it will pay $1.65 per share in cash. The total purchase price has been adjusted for Inktomi�s expected debt as of Dec. 31, 2002. Inktomi is based in Foster City, CA.

"The addition of Inktomi�s search platform adds both control and flexibility to this important business, thus enhancing our ability to create new and more innovative search offerings," said Terry Semel, Yahoo�s chairman and CEO, in a statement.

The transaction is expected to be completed in the first quarter of 2003.

© 2008, Primedia Business Magazines and Media, a PRIMEDIA company. All rights reserved. This article is protected by United States copyright and other intellectual property laws and may not be reproduced, rewritten, distributed, redisseminated, transmitted, displayed, published or broadcast, directly or indirectly, in any medium without the prior written permission of PRIMEDIA Business Corp.

Print-friendly format

E-mail this information