Oracle wants to add Dyn’s DNS solution to its bigger cloud computing platform, which already sells/provides a variety of Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) products and competes against companies like Amazon’s AWS.
The deal is expected to be worth about $600 million, but no one is going on record to say that. It is also unclear if the deal was being negotiated before the Mirai botnet took down a series of sites in October.
Dyn powers some 3,500 customers’ sites. In its statement, Oracle said the outfit “drives 40 billion traffic optimization decisions daily for more than 3,500 enterprise customers”. Customers include Netflix, Twitter, Pfizer and CNBC among many others.
Oracle president Thomas Kurian said that Oracle already offers enterprise-class IaaS and PaaS for companies building and running Internet applications and cloud services.
“Dyn’s immensely scalable and global DNS is a critical core component and a natural extension to our cloud computing platform.”
In a letter from Kurian to customers and partners, Oracle fails to even mention of Dyn’s DDoS attack. Instead he talks about how Dyn’s platform “monitors, controls, and optimizes Internet applications and cloud services to deliver faster access, reduced page load times, and higher end-user satisfaction.”
The pair will continue to operate independently until the transaction closes.
Dyn is Oracle’s 114th acquisition. Other recent acquisitions to fill out its enterprise cloud services, include the security startup, Palerra which might be useful to solve Dyn’s woes.