and Internet infrastructure software company
have teamed up to build caching and streaming media appliances.
Hewlett-Packard, which is based in Palo Alto, Calif., said it will create caching and media products using Inktomi's network infrastructure software. H-P will use Inktomi traffic server software in its customized Netservers to create three new products for edge and server caching and streaming.
The server appliances are designed to enable caching and fast delivery of rich media content. H-P expects to ship the products in the second quarter. Hewlett-Packard said the move is part of its goal to become a leader in the server appliance marketplace, an area that could grow to $13 billion by 2004, according to projections from
International Data Corp.
Shares of Hewlett-Packard gained 73 cents, or 2.4%, to $31.23 in recent
New York Stock Exchange
trading. Inktomi, which is based in Foster City, Calif., fell 13 cents, or 1%, to $12.88 on the