Rackspace Hosting may be sold. The San Antonio-based company hired Morgan Stanley to evaluate potential partnerships and acquisitions. “In recent months, Rackspace has been approached by multiple parties who have expressed interest in exploring a strategic relationship with Rackspace, ranging from partnership to acquisition,” according to a statement filed with the Securities and Exchange Commission […]
Rackspace Sees All Companies Moving to the Hybrid Cloud
October 11, 2013 by Leave a Comment
All of Rackspace’s customers will be hybrid cloud customers in the future, said Gerardo Dada, the company’s product marketing leader. San Antonio-based Rackspace, which calls itself the Open Cloud company and co-founded with NASA the Open Stack operating system, has seen its cloud computing business skyrocket in the past few years. The cloud lets customers […]