May 6, 1998

In News.com (of all places):

Snap! Inks Deal with Inktomi

Software firm Inktomi has inked a partnership with Web-based online service Snap to power the service's search function. The agreement calls for Inktomi to provide its technology for Web searches that extend beyond Snap's directory. San Mateo, California-based Inktomi replaces search firm Infoseek as Snap's exclusive search provider.

 The terms of the three-year agreement require Snap to pay Inktomi on a per-query basis, said CNET spokeswoman Karen Wood. In return, Snap will receive advertising revenue by delivering ad banners on each query page, she added.