Oracle to buy Dyn for undisclosed sum
Oracle buys internet performance company Dyn a month after it was hit by DDoS attack
Oracle has bought Dyn, a month after the company was hit by a distributed denial of service (DDoS) attack.
Neither Oracle nor Dyn are disclosing the price for the deal, which gives Oracle access to what it calls “the leading cloud-based internet performance and DNS provider that monitors, controls, and optimises internet applications and cloud services to deliver faster access, reduced page load times, and higher end-user satisfaction”.
Thomas Kurian, president of product development at Oracle, said: “Dyn’s immensely scalable and global DNS is a critical core component and a natural extension to our cloud computing platform.”
The deal comes less than four months after Oracle agreed to buy cloud company NetSuite for $9.3 billion.
Oracle said about the latest deal that “Dyn’s solution is powered by a global network that drives 40 billion traffic optimisation decisions daily for more than 3,500 enterprise customers, including preeminent digital brands such as Netflix, Twitter, Pfizer and CNBC”.
Two years ago Dyn bought internet intelligence provider Renesys for an undisclosed sum.
Oracle said that Dyn would extend its cloud computing platform and provide enterprise customers with a one-stop shop for infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS).
“Oracle already offers enterprise-class IaaS and PaaS for companies building and running Internet applications and cloud services,” said Kurian.
Dyn’s chief strategy officer Kyle York said: “Oracle cloud customers will have unique access to internet performance information that will help them optimise infrastructure costs, maximise application and website-driven revenue, and manage risk.”