Rackspace to IPO for $21 per share
As investors continue to warm to the cloud computing market, Rackspace has announced details of its Initial Public Offering (IPO) coming in at the low-end of the target range.
As investors continue to warm to the cloud computing market, Rackspace has announced details of its Initial Public Offering (IPO) coming in at the low-end of the target range.
With 2016 coming to a close, Telecoms.com took the opportunity to see how the worlds’ leading cloud companies performed over the last 12 months, and what their prospects are in 2017.
With Rackspace’s new data centre announcement this week, Germany is slowly positioning itself as the it-place for cloud companies worldwide.
The world of cloud computing can be as cruel as it can be kind, offering opportunities for some and difficulties for others as Rackspace has found out in recent years.
Rackspace has entered into a definitive agreement to be acquired by a collection of funds to be managed by Apollo Global Management for $4.3 billion.
Rackspace is reportedly in talks with a private equity firm with regard to a $4 billion sale
Internet hosting firm Rackspace is positioning itself as a supplier of cloud services to telcos and enterprises alike, as it seeks to integrate its own public cloud with service providers worldwide.
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