Oracle Buys DNS Provider Dyn to Boost IaaS & PaaS Offering

Oracle Buys DNS Provider Dyn to Boost IaaS & PaaS Offering Image Credit: Oracle

Database technology giant, Oracle has signed an agreement to acquire Dyn, the company that provides cloud-based domain name system (DNS) service to customers such as Spotify, Netflix, Twitter and Pfizer. Oracle and Dyn didn't officially disclose the value of the deal, however Dan Primack reported that Oracle paid “north of $600 million”.

Founded in 1998, Dyn claims that its solution is powering more than 3,500 enterprise customers. It monitors, controls, and optimizes Internet applications and cloud services to deliver faster access, reduced page load times, and higher end-user satisfaction.

Adding Dyn’s best-in-class DNS solution extends the Oracle cloud computing platform and provides enterprise customers with a one-stop shop for Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS), said Oracle.

"While Oracle already offers enterprise-class IaaS and PaaS for Internet applications and cloud service, Managed DNS and its corresponding value added services are critical core components of being a full-stack cloud platform provider. Adding Dyn’s best-in-class DNS solution to Oracle cloud will provide enterprise customers a one-stop shop for infrastructure services. This combination will bring deeper value to our customers," said Kyle York, Chief Strategy Officer, Dyn.

Thomas Kurian, President, Product Development, Oracle said, "Dyn’s immensely scalable and global DNS is a critical core component and a natural extension to our cloud computing platform."

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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