Oracle Corp. (NYSE: ORCL) is buying Dyn Inc., a cloud-based Internet performance and domain name system, for an undisclosed amount. The deal follows the recent denial-of-service attacks by hackers aimed at Dyn, affecting websites of the Internet tech provider including Twitter Inc. (NYSE: TWTR), Amazon.com Inc. (Nasdaq: AMZN) and Netflix Inc. (Nasdaq: NFLX).
Dyn manages the Internet connectivity performance for many of the world’s popular websites, offering Web-based products to monitor, control, and optimize online infrastructure. The target also offers domain registration services and email products. Dyn boasts LinkedIn Corp. (NYSE: LNKD), New York Times Co. (NYSE: NYT), Reddit, Salesforce.com Inc. (NYSE: CRM), Sodexo Inc., Spotify, and Wired.com among its list of more than 3,500 clients. Dyn’s services will allow Oracle customers to access Internet performance analysis, to help optimize infrastructure costs, maximize application and website-driven revenue, and manage cybersecurity risks. Cybersecurity has become a critical part of the technology M&A process recently.