Oracle continued its acquisition tear as the organization announced Monday it will get DNS provider Dyn, which received national consideration in October following a massive DDoS attack that prompted widespread web outages.
Oracle plans to leverage Dyn’s cloud-primarily based Internet Performance and DNS technologies to enhance its personal cloud computing platform, according to Thomas Kurian, president of solution improvement for Oracle.
“Oracle already offers enterprise-class IaaS and PaaS for companies building and running Internet applications and cloud services,” Kurian said in a statement released by the Redwood Shores, Calif.-based vendor. “Dyn’s immensely scalable and international DNS is a crucial core element and a all-natural extension to our cloud computing platform.”
Financial terms of the deal had been not disclosed.
Manchester, N.H.-primarily based Dyn owns options that energy a lot more than three,500 customers’ internet sites and drive 40 billion site visitors optimization choices day-to-day, according to the Oracle statement. Dyn customer’s contains the likes of Netflix, Twitter, Pfizer and CNBC.
On Oct. 21, Dyn stated its server infrastructure was the target of a massive distributed denial-of-service (DDoS) attack that impacted its Managed Domain Name Servers (DNS) buyers, which hit the East Coast the hardest. Popular web sites that rely on Dyn’s site visitors management and optimization solutions &ndash such as Spotify, Netflix and Github &ndash seasoned troubles or went down temporarily. The attack led to the blockage of a lot more than 1,200 web sites.
The DDoS attack was launched via Internet of Things customer devices such as video recorders, webcams and routers that overwhelmed servers at Dyn. The attack shed light on the lack of security in the emerging IoT market place.
Dyn’s stock took a dramatic hit soon after the attack and has however to completely recover. Shares on Oct. 20 stood at $12.90, but had fallen to $7.34 by Nov. two. Today, Dyn shares had been trading at $9.03 as of 9:30 a.m. and are increasing soon after the acquisition announcement.
Oracle has stepped up its acquisitions as the year winds to a close. In September, the cloud giant purchased cloud access security brokerage startup Palerra, as nicely as SaaS-primarily based warehouse management specialist LogFire. The values of these bargains had been also not disclosed.
Earlier this month, Oracle completed a blockbuster acquisition of NetSuite for $9.3 billion in money.
