- Oracle announced Monday it is acquiring DNS provider Dyn for an undisclosed sum.
- The business computing giant said Dyn's DNS solution will extend its cloud computing platform, creating a "one-stop shop" for IaaS and PaaS solutions for Oracle customers. Until the deal is closed, the two companies will continue to operate independently.
- Dyn has more than 3,500 enterprise customers, including customers such as Netflix, Twitter, Pfizer and CNBC, according to the announcement. Its network drives 40 billion traffic optimization decisions each day.
Remember Dyn? It's the company that suffered a massive DDoS attack that interrupted internet service across the country in October. Though its services were briefly hampered by the attack, it is still one of the leading internet performance and DNS providers.
DNS service providers are generally still much more reliable than in-house DNS, according to experts.
Once the deal is closed, Oracle will be positioned as a service provider to keep many of its internet infrastructure capabilities internal, rather than outsourcing them. The company calls Dyn's capabilities a "natural extension" to its cloud computing platform, an area that Oracle is rapidly trying to grow.