Oracle Acquires DYN; Movers and Shakers
Oracle announced that it has acquired DYN, the DNS provider that was the subject of a significant distributed denial of service attack in October 2016 that brought down some of the Web's most popular destinations.
The company will likely add Dyn's DNS solution to its own cloud computing platform which already provides leading edge infrastructure as a service and platform as a service products, competing with Amazon's AWS, Microsoft's Azure and Google Cloud.
Dyn, however, is a relatively well known name in the space and is responsible for making billions of traffic optimization decisions each day for some 3,500 brands including Netflix, Twitter, Pfizer and CNBC among others.
“Oracle already offers enterprise-class IaaS and PaaS for companies building and running Internet applications and cloud services,” said Thomas Kurian, President, Product Development, Oracle, in a statement. “Dyn’s immensely scalable and global DNS is a critical core component and a natural extension to our cloud computing platform.”