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Inktomi purchases FastForward Networks for $1.3bn

Inktomi has agreed to pay $1.3bn to acquire FastForward Networks, provider of management software for web broadcasting.

By Dominic Maher

Published: 13 September 2000 13:55 GMT

The developer of scalable internet infrastructure software is making the move to reinforce its position in the growing web broadcast market, which is set to be worth $40bn by 2003, according to research house Aberdeen Group.

Products from FastForward Networks allow network service providers to deliver broadcast services while using existing infrastructures.

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