**Editor’s Note: Please click here for a recap of the biggest channel-impacting merger and acquisition news from July.**
As a private company since last year, Rackspace continues to transform. The latest news comes with the announcement of an agreement to buy Datapipe, an MSP for public, private and hybrid cloud platforms — and competitor. No financial information was available.
When the deal closes – one Rackspace calls its biggest deal ever – the company will have new capabilities, which will benefit both customers and partners.
“Our customers are looking for help as they spread their applications across public and private clouds, managed hosting, and colocation, depending on the blend of performance, agility, control, security, and cost-efficiency they’re seeking,” said Joe Eazor, CEO of Rackspace. “With the acquisition of Datapipe, we’re very pleased to expand the multi-cloud managed services we provide our customers, while also opening doors to new opportunities across the globe,” he added.
New Jersey-based Datapipe has 29 data centers in nine countries and 825 employees who work in 11 offices in the U.S., U.K., and Asia.
“Customers need guidance using public cloud infrastructure from Alibaba Cloud, Amazon Web Services, Google Cloud Platform and Microsoft Azure. They also need help navigating the use of private clouds, managed hosting and colocation solutions, often in combination, as they move critical applications out of their corporate data centers. The combination of complementary capabilities and resources from both of our companies will create the world’s leading provider of multi-cloud managed services,” said Robb Allen, founder and CEO of Datapipe, in business since 2000.
The acquisition of Datapipe will add new capabilities to Rackspace:
At the same time, Rackspace brings new capabilities to Datapipe customers:
Rackspace expects the deal to close in the fourth quarter, pending regulatory approvals.
"The big, one-stop-shop providers just can't keep up with this pace of change." goo.gl/fb/Ew3Lq2
March 22 2019 @ 20:35:09 UTC