Terms of the deal for Nettica were not disclosed, however, of note is the fact that this is the ninth acquisition for Dyn since 2010.
Dyn is the largest provider of managed DNS services among the top 1,000 visited websites worldwide, the company says, citing Datanyze. The acquisition brings Nettica’s more than 9,000 clients, including Evernote, into Dyn’s customer portfolio. Dyn currently provides Internet performance services for Twitter, Etsy, Pandora, StumbleUpon, and Zappos.
The Nettica team will transition to Dyn’s Manchester headquarters, including the company’s founder, a longtime Microsoft developer, Alan Graham.
Dyn’s chief revenue officer Kyle York said that Nettica is a respected competitor in the managed DNS industry, adding that everyone in the space “plays nice with others.” He added that it is a real testament to Dyn’s “brand, culture, and relationship focus that Alan would see Dyn as a great home for himself, his staff and his customers.”
In a press release, Graham said, “Jeremy and I have been in dialogue for some time about how to work better together. We found that our companies had the same mission on making the Internet better through reliability, speed, and scale.”
“Dyn is more than a DNS company,” he added, “it is a leader in Internet performance and we are confident that our customers are in great hands.”
Dyn’s chief executive Jeremy Hitchcock said in a news release, “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 for Nettica’s customers, our current customers, and all of our future customers.”
This is the fourth managed DNS company (of the nine overall acquisitions) that Dyn has acquired in the past four years. Previously, Dyn acquired EveryDNS, EditDNS, and Massachusetts-based TZO, as well as SendLabs, Incutio LTD, Verelo, Trendslide, and ReadyStatus, moves that helped the company become a premier Internet performance technologies provider.
Dyn is one of the more under-the-radar companies that could offer its initial public offering in 2014 or 2015. The company raised $38 million from North Bridge in 2012, and reported in the fall that they had “closed more than $15 million in bookings and hired nearly 50 employees,” in the third quarter of 2013, Dyn’s best quarter ever. Additionally, the company has former New Hampshire governor John Lynch and Jason Calacanis of LAUNCH and This Week in Startups, on its board of directors.
When asked about a possible IPO in Dyn’s future, Kyle York said, “Our only focus is on building the best company possible to serve our clients and so we intend on keeping all options on the table.”
Read more: Boston’s next 12 tech IPOs?