Dyn Buys Nettica, Ninth Acquisition Since 2010
Some consolidation in the Web infrastructure market today.
Dyn, a once-bootstrapped tech company from Manchester, NH, says it has acquired Nettica, a managed DNS (Domain Name System) provider in Atlanta. Terms of the deal weren’t disclosed, but at least some of Nettica’s team will be joining Dyn at its headquarters.
Dyn has been on an acquisition tear and now has about 300 employees. This is the company’s ninth acquisition in the past four years, and its fourth in the field of managed DNS—the global system that maps URLs to Internet Protocol addresses used by servers and routers to serve up Web pages when they are requested. DNS is fundamental to how the Internet works, and it’s one of those things you only notice when it’s not working.
“This acquisition is a true consolidation within the DNS industry. We have gained both great technology and great talent, and know this makes us a stronger company,” said Dyn CEO Jeremy Hitchcock, in a statement.
“Jeremy and I have been in dialogue for some time about how to work better together,” said Nettica’s founder Alan Graham, in a statement. “We found that our companies had the same mission on making the Internet better through reliability, speed, and scale.” Nettica’s customers include Evernote.
Dyn got started in 2001 and became a leader in managed DNS and e-mail delivery services for big customers like Salesforce.com, Twitter, and Zappos. The company announced its first venture funding round, $38 million from North Bridge Venture Partners, in October 2012.