Inktomi, E-centives Form Technology, Business Alliance

Share this content:
Inktomi Corp, Foster City, CA, signed an agreement yesterday to sell its Commerce Business to e-centives, Inc., an online direct marketing infrastructure company. Inktomi will transfer related employees, equipment and technology associated with its Commerce division to e-centives, in exchange for up to 19.9 percent of e-centives' outstanding shares of common stock, some of which will be earned upon the satisfaction of certain revenue and performance targets.

DMNotes is DMN's around-the-clock blog. Yes, a blog in 2016.

Bookmark this section and follow our RSS Feed here

Loading links....

Sign up to our newsletters

Latest Jobs:

Featured Listings