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Oracle acquires global DNS provider Dyn

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Oracle is buying Dyn, a New Hampshire-based company that operates a platform to optimize websites’ performance. Dyn offers a variety of services, including monitoring and controlling applications and infrastructure with data and analytics to reroute traffic. While making the announcement, Oracle did not disclose the terms of the deal.

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“Oracle already offers enterprise-class IaaS and PaaS for companies building and running Internet applications and cloud services. Dyn’s immensely scalable and global DNS is a critical core component and a natural extension to our cloud computing platform,” said Thomas Kurian, President, product development, Oracle.

CIOL Oracle acquires global DNS provider Dyn

Dyn was founded in 1998 and boasts that eight of the top 10 internet companies in the Fortune 500 are its service users. The company also raised $50 million back in May from Pamplona Capital Management, taking its total funding to around $100 million.

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The acquisition news comes a month after mass Internet disruption that was caused by a DDoS attack on the company’s DNS service, affecting many of its high-profile clients, namely the New York Times, Reddit, Twitter, Spotify, and eBay. The services went down for a while across a large swathe, only to be restored later after Dyn engineers managed to successfully tackle and resolve the issue.

Oracle says Dyn will widen its cloud computing platform and offer its clients a “one-stop shop” for Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS).

“Oracle cloud customers will have unique access to Internet performance information that will help them optimize infrastructure costs, maximize application and website-driven revenue, and manage risk. We are excited to join Oracle and bring even more value to our customers as part of Oracle’s cloud computing platform,” said Kyle York, Chief Strategy Officer, Dyn.

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