Inktomi Corp. announced that it has signed a definitive agreement to acquire Quiver, Inc. The addition of Quiver’s portfolio of categorization and taxonomy software will further strengthen Inktomi’s enterprise information retrieval solutions. The total purchase price of this transaction will be approximately $12 million in a combination of common stock and cash. With the addition of Quiver, Inktomi can deliver information management solutions that provide both search capabilities and the ability to accurately arrange information into taxonomies. www.quiver.com, www.inktomi.com
Leave a Reply
You must be logged in to post a comment.