Intel Corp has made an equity investment in Inktomi Corp a network application developer. The multi-million dollar investment will give Intel less than 5% stake in the privately- held San Mateo-based company. Under the agreement, the two companies are to collaborate on the engineering and porting of Inktomi’s Traffic Server network cache product to run on Intel architecture. Intel will receive non- exclusive distribution rights to the product. The as yet to be released Traffic Server product aims to reduce internet congestion and bandwidth costs by eliminating redundant traffic by storing data closer to users within a network. Inktomi says that the first version will be for Sun Microsystems’ SuperSPARC and UltraSPARC machines running Solaris 2.5.1, which will be introduced later this month. The Intel version for Microsoft Windows NT is expected to be complete sometime during the first half of next year. Inktomi says Traffic Server was built for clusterable Sun machines as is targeted at the high-end carrier market consisting of ISPs, backbone carriers and telcos. The product is currently being evaluated by a number of carriers, including WordCom’s internet business UUNET and Japan’s NTT Corp.
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