Computer Technology Corporation Oracle Acquires DNS Provider Dyn

November 25, 2016
Computer Technology Corporation Oracle Acquires DNS Provider Dyn
Computer technology corporation Oracle has acquired DNS provider Dyn. Oracle, which has headquarters in Redwood City, California, United States, offers a range of cloud services through a platform designed to make developing cloud applications easier. The Oracle Cloud Platform allows users to establish and extend applications to integrate on-premise and cloud applications more easily. Its acquisition of Dyn will enable Oracle to offer customers enhanced Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) options.

Dyn, which has headquarters in Manchester, New Hampshire, United States, offers a range of cloud-based Internet Performance Management (IPM) options that offer “unrivaled visibility and control into cloud and public Internet resources”. The company’s DNS solution platform leverages analytics and traffic steering to monitor, control and optimize applications and infrastructure to ensure the fast delivery of customers’ traffic. It caters to around 3,500 business customers globally, including Twitter. The cost of IBM’s acquisition of the company was not released.

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

News of the acquisition comes on the heels of Dyn being subject to a huge Distributed Denial-of-Service (DDoS) attack last month. Known as ‘Mirai’, it was one of the first to use hacked IoT devices such as webcams and DVRs to launch a cyberattack.

Do you know of any other companies involved in acquisitions? Let us know the details. Add your comments below.





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