Business software maker Oracle Corp said on Monday it would buy Dyn, a monitor of global internet performance and traffic, to allow cloud customers to optimise their infrastructure costs and increase web-driven revenue. Financial terms were not disclosed.
Dyn, whose customers include Netflix Inc, Twitter Inc and Pfizer Inc, was crippled by high-profile cyber attacks last month that disrupted some of its clients’ websites. Oracle’s cloud business stores enterprise software and data on remote servers. The company said Dyn would help its cloud customers improve access and page-load speeds for their websites using internet performance information.
“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 press statement. “Dyn’s immensely scalable and global DNS is a critical core component and a natural extension to our cloud computing platform.”
“Oracle cloud customers will have unique access to Internet performance information that will help them optimize infrastructure costs, maximize application and website-driven revenue, and manage risk,” said Kyle York, Chief Strategy Officer, Dyn. “We are excited to join Oracle and bring even more value to our customers as part of Oracle’s cloud computing platform.”
Manchester, New Hampshire-based Dyn acts like a switchboard for internet traffic, and helps businesses monitor, control and optimize internet applications and cloud services. It is also a provider of domain name services. When a domain name services provider is attacked, it can cause massive disruptions as such companies are responsible for forwarding large volumes of internet traffic.
With Reuters inputs
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