by sadmin | Nov 22, 2016 | Cloud, DNS, Dynamic, internet of things, Oracle
REDWOOD SHORES, Calif., Nov. 21, 2016 /PRNewswire/ — Oracle today announced that it has signed an agreement to acquire Dyn, the leading cloud-based Internet Performance and DNS provider that monitors, controls, and optimizes Internet applications and cloud services
to deliver faster access, reduced page load times, and higher end-user satisfaction.
Dyn’s solution 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. Adding Dyn’s best-in-class DNS solution extends the Oracle cloud computing platform and provides enterprise customers with a one-stop shop for Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS).
“Oracle already offers enterprise-class IaaS and PaaS for companies building and running Internet applications and cloud services,” said Thomas Kurian, President, Product Development, Oracle. “Dyn’s immensely scalable and global DNS is a critical core component and a natural extension to our cloud computing platform.”
“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,” said Kyle York, Chief Strategy Officer, Dyn. “We are excited to join Oracle and bring even more value to our customers as part of Oracle’s cloud computing platform.”
Via PRN
by sadmin | Nov 6, 2016 | NetSuite, Oracle, Tender
REDWOOD SHORES, Calif., Oracle Corporation (NYSE:
ORCL) announced that a majority of the unaffiliated shares of NetSuite Inc. (NYSE:
N) were validly tendered and the other conditions to the tender offer have been satisfied. The acquisition of NetSuite will be
consummated by Oracle on Monday, November 7, 2016. American Stock Transfer & Trust Company LLC, the depositary for the tender offer, has indicated that as of 12:00 Midnight, Eastern time, at the end of November 4, 2016, approximately 21,775,553 unaffiliated Shares, or 53.21% of the total unaffiliated Shares, and 62,330,605 total Shares, or 76.39% of the total Shares issued and outstanding, have been tendered into and not properly withdrawn from the tender offer. Both figures do not include 1,037,279 unaffiliated Shares tendered pursuant to the guaranteed delivery procedures set forth in the Offer to Purchase. When the 1,037,279 unaffiliated Shares tendered pursuant to the guaranteed delivery procedures are included in the results, approximately 22,812,832 unaffiliated Shares, or 55.76% of the total unaffiliated Shares, and 63,367,884 total Shares, or 77.65% of the total shares issued and outstanding, will have been tendered into and not properly withdrawn from the tender offer.
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