Software Giant Oracle Acquires Dyn

Software Giant Oracle Acquires Dyn

November 21, 2016

The week of 21 November 2016 opened with a bang. Oracle announced that it signed an agreement to acquire Dyn, a leading cloud-based Internet performance and DNS provider. Dyn, which recently came under a historic DDoS attack, provides distributed DNS resolution services mainly to the enterprise market where it has about 3,500 customers including brands such as Twitter, Netflix and CNBC. It also provides redundant DNS to some TLD (Top-Level Domains) registries such as Uniregistry.

By integrating Dyn’s services, Oracle plans to extend its cloud computing platform. Oracle cloud customers will now have unique access to Internet performance information that will help them optimize costs, maximize website-driven revenue and manage risk better.

The acquisition price is undisclosed, but it is certainly in the range of hundreds of millions.

For the moment, existing Dyn customers are unaffected by the acquisition.