Item 2.      Acquisition or Disposition of Assets

             On December 29, 2000, the Registrant, Inktomi Corporation (“Inktomi”), consummated its acquisition of certain assets of Adero, Inc., a Delaware corporation (“Adero”). The transaction was closed pursuant to an Asset Purchase Agreement dated as of December 21, 2000 by and between Inktomi and Adero. Under the agreement, Inktomi acquired various business assets of Adero, consisting primarily of computer servers; commercial software; networking equipment; desktops, equipment and furnishings; sales and promotional literature; customer and supplier lists; advertising materials; marketing plans and surveys; management training literature and technical product and user training manuals; technical development notes; drawings and other development and system operation documentation. In addition, Inktomi acquired and licensed other intellectual property and technologies from Adero, consisting primarily of a patent application and internally developed software, know-how, protocols, processes, specifications, algorithms, project plans and documentation. Inktomi also assumed various customer agreements, vendor agreements, support agreements and purchase orders. All of the acquired assets, technologies and agreements generally relate to the business of providing trusted third party clearinghouse, log information, traffic reporting and billing services, related to content distribution, to an alliance of network operators, including Internet service providers, network service providers, access providers, hosting entities and other similar organizations. In exchange for the assets, technologies and agreements, Inktomi paid $22.5 million in cash at closing (and will pay an additional $1.0 million in cash upon receipt of certain third party consents to assignment) and assumed various operational liabilities. The cash consideration was funded from working capital.

Item 7.      Financial Statements, Pro Forma Financial Information and Exhibits