Oracle to Buy US based Dyn for an undisclosed amount

Oracle to Buy US based Dyn for an undisclosed amount. Oracle on 21 November 2016 signed an agreement to acquire US-based Dynamic Network Services Inc, or Dyn. Oracle has not disclosed the deal amount. Dyn is a leading cloud-based Internet Performance and DNS provider that optimizes Internet applications and cloud services to reduced page load times. The acquisition will help Oracle in

extending its cloud services and provide enterprise customers with services like Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS).

iii. Dyn was in news in the month of October as it faced a cyber attack and its servers were flooded with traffic from multiple resources, which led major of its clients like Twitter, Pfizer , Netflixand CNBC without service.Dyn is Oracle’s 114th acquisition.

Oracle :

♦ Oracle Corporation is an American multinational computer technology corporation

♦ Headquarters: California, United States

♦ Founders: Ed Oates, Larry Ellison, Bob Miner

Oracle to Buy US based Dyn for an undisclosed amount