REDWOOD SHORES , Calif., Nov. 21 (UPI) -- Oracle Corp. will acquire web service provider Dyn Inc. for an undisclosed amount, the company announced Monday.
The Manchester, N.H.-based Dyn operates cloud-based domain-name systems which direct traffic across the Internet. In buying the company, Oracle extends its cloud computing platform, as more companies shift computing operations off-site and into the cloud, the term used to describe on-demand shared computer processing resources and data.
In a statement Monday, Oracle said Dyn "is powered by a global network that 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."
Kyle York, Dyn's chief strategy officer, added "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."
Dyn was hit by a large-scale cyberattack on Oct. 21 which left many popular websites unreachable for a part of the day. The attack presented a lesson on how the Internet can still prove vulnerable to targeted assaults. The disruption came as a distributed denial-of-service attack in which Dyn's computers were flooded with inconsequential, blocking legitimate users.