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To: Alan Cassaro who wrote (11096)	9/16/1999 4:59:00 PM
From: Thomas Kirwin	Respond to of 17679

Inktomi preps for a rich media world Akamai Technologies IPO lurks in the wings By Bambi Francisco, CBS MarketWatch Last Update: 4:31 PM ET Sep 16, 1999 FOSTER CITY, Calif. (CBS.MW) -- In early July, Inktomi Chief Executive David Peterschmidt hinted at making acquisitions. On Thursday, he came through with a deal that brings the company closer to solving all of the virtual world's bottleneck problems. Inktomi (INKT: news, msgs) said it's buying privately-held WebSpective Software for $106 million in stock. It's the first acquisition to compliment its keystone product, Traffic Server. The delivery of content distribution, which WebSpective brings to the table, is a huge piece of technology to extend Traffic Server into the Web hosting market and in the enterprise market, said Inktomi's Peterschmidt on a conference call with analysts. This deal is not the company's key announcement to enter the enterprise or corporate market noted Peterschmidt. But it's a significant component to announcements expected to be made later this year. cbs.marketwatch.com