- Yahoo to buy Inktomi
Date: 2002-12-23 Source: News.com
Yahoo CEO Terry Semel said in a release that the Inktomi purchase would add "both control and flexibility" to Yahoo's search business, thus increasing the company's "ability to create new and more innovative search offerings for consumers and business." [Recommend Article] [Open In New Window] - Yahoo! To Acquire Inktomi
Date: 2002-12-23 Source: Yahoo!
Yahoo! Inc. and Inktomi Corp. today announced they have signed a definitive agreement under which Yahoo! will acquire Inktomi for a purchase price of $1.65 per share in cash. The transaction reflects an aggregate purchase price of approximately $235 million, adjusted for Inktomi's expected cash balance net of debt, as of December 31, 2002. [Recommend Article] [Open In New Window] - Yahoo Sees Q4 Ad Surge
Date: 2002-12-13 Source: InternetNews.com
Putting solid numbers on recent forecasts that the online ad market is turning the corner, Yahoo! predicted that its ad sales would surge in the fourth quarter, growing at least 22 percent from the same period a year ago. [Recommend Article] [Open In New Window] |