Inktomi (INKT) is looking to acquire other companies. Could Mirror Image(SCF) be on its shopping list?
Inktomi's (INKT) core caching technology surging 200-plus percent in the most recent quarter, investors expect the same execution and follow through when it comes to bringing the next hot application -- a shopping server -- into full swing this holiday shopping season. Note: Inktomi and Mirror Image Internet (SCF) are in the same business.
Excerpts from article by Bambi Francisco, CBS MarketWatch Last Update: 7:23 PM ET Jul 15, 1999 SAN MATEO, Calif. (CBS.MW) --
Shopping is still a nascent application for Inktomi and caching, which grew like a rocket in the past quarter and is the company's core revenue-generating product. There are competitors moving into this space; how do you stay ahead of the curve?
Peterschmidt: We're the only company that's a pure-play software for caching. That is, all of the other companies, whether it be Network Appliance (NTAP ), Cisco Systems (CSCO ) or Novell (NOVL ) -- they've all decided they're going to embed a cache application on a proprietary piece of hardware under a proprietary operating system, and quite frankly the market is saying, That's not what we want. We want an open software platform because we want other software to be run on top of it like RealNetworks' (RNWK) streaming media player. So we're in a good position
Inktomi just filed for another secondary offering. Will you be making acquisitions to beef up your shopping technology?
Peterschmidt: We're going to do purchases in a couple of different areas. We've always said if we can buy to bring our technology to bear -- that will accelerate time to market for our products -- we'll do that. The proceeds of the secondary will be for strategic acquisitions but also for investment in companies that will help further our architecture, like Sand Piper, which is doing content distribution. In shopping, if we can find other companies that will help us in the shopping space, most definitely we'll make the investment or an acquisition.
Note: Mirror Images Proprietary Central Cache may be inline with INKT executives distributed caching concepts! |