M&A Deal Summary

Inktomi Acquires WebSpective Software

On September 17, 1999, Inktomi acquired internet software and services company WebSpective Software for 106M USD

Acquisition Highlights
  • This is Inktomi’s 1st transaction in the Internet Software and Services sector.
  • This is Inktomi’s largest (disclosed) transaction.
  • This is Inktomi’s 1st transaction in the United States.
  • This is Inktomi’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 1999-09-17
Target WebSpective Software
Sector Internet Software and Services
Buyer(s) Inktomi
Deal Type Add-on Acquisition
Deal Value 106M USD

Target

WebSpective Software

Cambridge, Massachusetts, United States
WebSpective Software, Inc. is a maker of software used for Internet content distribution and tracking.

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Buyer(S) 1

Buyer

Inktomi

Foster City, California, United States

Category Company
Founded 1996
Sector Software
Employees405
DESCRIPTION

Inktomi Corporation was a California company that provided software for Internet service providers. It was founded in 1996 by UC Berkeley professor Eric Brewer and graduate student Paul Gauthier. The company was initially founded based on the real-world success of the search engine they developed at the university. After the bursting of the dot-com bubble, Inktomi was acquired by Yahoo!


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (1999) 1 of 1
Size (of disclosed) 1 of 1