Dyn for Oracle

Oracle announced that it has signed an agreement to acquire Dyn, a cloud-based internet performance and DNS provider that monitors, controls, and optimizes internet applications and cloud services to deliver faster access, reduced page load times, and higher end-user satisfaction. Dyn drives 40 billion traffic optimization decisions daily for more than 3,500 enterprise customers, including preeminent digital brands such as Netflix, Twitter, Pfizer and CNBC. By acquiring Dyn, Oracle will have access to its DNS solutions that can extend Oracle's cloud computing platform. This way, the company can leverage its services to provide enterprise customers the one-stop shop for Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS). And by acquiring Dyn, Oracle aims to better compete with other tech companies that provide cloud services such as Amazon and Google. But as an advantage, Dyn has also made its name for monitoring the performance of websites and apps across the globe. A month before being acquired, Dyn was hit by a major DDoS attack that took down its servers, rendering many major websites inaccessible.