Oracle keeps expanding and its latest acquisition is Dyn, the DNS provider that was hit by a massive distributed denial of service attack last month.
While many may not be very familiar with Dyn, you might remember the massive DDoS attacks that affected a number of large websites in October, including Twitter, PayPal, Netflix Reddit and more.
Dyn is a large DNS provider that services those websites so when it was hit by the wave of DDoS attacks, it crippled other services as well.
Oracle Acquires Dyn
Oracle now plans to incorporate the DNS solution Dyn has to offer to its larger cloud computing platform, widening its scope and improving its own services. The enterprise services company already offers a range of Platform-as-a-Service (PaaS) and Infrastructure-as-a-Service (IaaS) products and is a large player on the market, competing directly against Amazon's AWS and the likes, and the Dyn acquisition could help it bolster its position and gain an edge against rivals.
"Dyn's immensely scalable and global DNS is a critical core component and a natural extension to our cloud computing platform," says Thomas Kurian, Oracle's president of product development.
"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," adds Kyle York, Dyn's Chief Strategy Officer.
Neither Dyn nor Oracle have discussed any financial details of the deal, but reports indicate that it could be worth more than $600 million.
Dyn DDoS Attack
Oracle makes no mention of whether it decided to acquire Dyn before or after the massive DDoS attack from October, but it likely set its eyes on the DNS provider long before that.
Kurian also sent a letter to partners and customers, notifying them of the new Dyn acquisition, but made no mention of the crippling DDoS attack that hit the DNS provider last month. The DDoS attack in question employed the dreaded Mirai botnet, which enslaved an army of IoT and other connected devices and spread through millions of IP addresses.
The executive instead pointed out how Dyn monitors, manages, controls and optimizes cloud services and internet applications to enable faster access, quick-loading pages and increased customer satisfaction.
Kurian further said that Oracle and Dyn will continue to operate independently until the transaction is completed. Nevertheless, Dyn's team, products and customer base will become part of Oracle.
Product Roadmap
Oracle is currently assessing Dyn's product roadmap and in the long run, it may alter exiting operations should it find it necessary.
"Any resulting features and timing of release of such features as determined by Oracle's review of Dyn' product roadmap are at the sole discretion of Oracle," the company notes, pledging to stay true to Oracle's transparency and provide updates along the way.
Dyn is just Oracle's latest acquisition, but the enterprise services company has been busy as of late. Oracle also acquired Palerra back in September in a bid to beef up its cloud security.
