Dyn Inc. acquires Calif. tech firm
Manchester-based Internet technology firm Dynamic Network Services Inc. has acquired EveryDNS of San Francisco – Dyn Inc.’s first acquisition since its founding 12 years ago. Terms of the deal were not disclosed.
Jeremy Hitchcock, the company’s chief executive, called the acquisition “an extremely strategic and monumental move for our organization,” adding that it fits in with Dyn Inc.’s goal to “be the only authoritative DNS service provider with a DNS solution for everyone, from the home user to the enterprise.”
He said the acquisition “immediately and significantly expands the number of domains under our trusted watch and helps continue the consolidation in our space.”
EveryDNS was founded by David Ulevitch, an Internet protocol expert, in 2001. It is the country's largest free DNS service provider, with more than 400,000 domains.
Starting with just 50 users in 1998, Dyn Inc. now has over 3.5 million active users.
DNS, or domain name system, is an Internet database protocol that translates a domain name, such as www.amazon.com, into an IP address (126.96.36.199), allowing any device connected to the Internet to find any other connected device.
In conjunction with the EveryDNS acquisition, Dyn Inc. has also announced it is re-launching DynDNS.com, its home and small- to medium-sized business brand. Clients using Dyn Inc.’s enterprise-level platform include Zappos, Yum! Brands, Restaurant.com, Twitter, Subway and Andersen Windows. – CINDY KIBBE/NEW HAMPSHIRE BUSINESS REVIEW