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Dec 22

Oracle dip into their pockets again this time for Dyn

Oracle have been quietly building out their next generation cloud environments, building up a cloud practice with seasoned professionals that includes Ex-VCE, VMware and AWS personal.  They have released a completely new version of their IaaS layer cloud. Dipping into their not insignificant loose pocket change to make several key purchases or acquisitions this year.

Now in what should be their last acquisition of 2016 they have now acquired Dyn for an undisclosed amount; but according to Dan Primack, a former senior editor at Fortune it is expected to be in the region of $600million.

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yn are a Manchester, New Hampshire based internet DNS provider founded in 1998, who have unfortunately recently been in the news for all the wrong reasons. They were the target of a massive DDoS attack in October that caused by a botnet using Mirai. Mirai is Malware that targeted Linux based systems and took down numerous high profile sites on the east coast of the USA including Spotify, New York Times, Twitter and eBay.   Whether this issue affected the purchase price is to date unknown.

Oracle acquires Dyn to Bolster their Cloud

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