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In March 1999, CEO David Peterschmidt said that Inktomi would become an "arms merchant" to a growing number of content delivery network service providers. [10] Inktomi received revenue based on a percentage of sales and/or a pay per click model. In April 1999, the company acquired Impulse Buy Network, adding 400 merchants to its shopping engine ...
LookSmart was sold back to the founders as well as Martin Hosking through a leveraged buyout in 1998, with Reader's Digest providing a $1.5 million loan and retaining about a 10% equity stake. [2] [12] Also in 1998, a search box was added to the LookSmart search engine along with People Search, Yellow pages, Discussions and shopping search. [13]
New web search engine: Inktomi releases its HotBot search engine. [14] October: New web search engine: Gary Culliss and Steven Yang begin work at MIT on the popularity engine, a version of the Direct Hit Technologies search engine that ranks results across users according to the selections made during previous searches. 1997 April
Infoseek's Ultraseek Server software technology, an enterprise search engine product, was sold in 2000 to Inktomi. [1] Under Inktomi, Ultraseek Server was renamed "Inktomi Enterprise Search". In December 2002 (prior to the Yahoo! acquisition of Inktomi), the Ultraseek product suite was sold to a competitor Verity Inc, who re-established the ...
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