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Rackspace to go private after $4.3B acquisition by private equity firm Apollo

Rackspace, which is still best known as a hosting company even as it has expanded aggressively into offering services for businesses that use other platforms, went public in 2008. 357 more words

TC

Apollo Global is buying Rackspace for $4.3 billion

(Source: www.businessinsider.sg)

Apollo Global has agreed to buy Rackspace in a $4.3 billion deal that would take the cloud-computing company private.

Rackspace will be acquired for $32 per share in cash, it said in a  127 more words

Technology

Apollo Global Is Taking Rackspace Private in a $4.3 Billion Deal

Cloud services provider Rackspace Hosting said it agreed to be taken private by Apollo Global Management in a deal valued at $4.3 billion, as the private-equity firm boosts its investments in the technology sector. 301 more words

Tech

Operating OpenStack Clouds at Scale

As anyone who’s ever tried to move a technology from development to production knows, operations and scaling are two of the most difficult elements to do well. 269 more words

Cloud

Rackspace expands its managed security services to Microsoft's Azure cloud

Rumor has it that Rackspace is about to get acquired, but that isn’t stopping the company from hosting a major customer event in San Francisco today. 370 more words

TC

VCP6-DCV Exam Preparation

For those of you who may be ready to address the next step in your your career goals and achieve VCP6-DCV certification, you should give serious consideration to taking advantage of VMworld discounts.   278 more words

Johnnyadavis

Rackspace is Dropping Conventional Hosting Services

Rackspace is shedding traditional hosting services while doubling its support for 3-rd party clouds. It is selling Cloud Sites platform to Liquidweb. Till the smooth transition of customers is done, cloud sites unit will remain in San Antonio. 70 more words

AnanovaWorld