Rackspace Buys Two Cloud Computing Firms For $11.5 Million

The hosted computing services company acquires Slicehost and Jungle Disk to compete head-on with Amazon Web Services.


Rackspace, a provider of hosted computing services, is using two acquisitions to gain a bigger presence in the emerging market for cloud computing. It sees Amazon (NSDQ: AMZN)’s Web Services, perhaps the biggest name in cloud computing, as its top competitor. Rackspace announced Wednesday that it’s acquired Slicehost, a provider of hosted virtual servers, and Jungle Disk, a provider of online storage, for a combined $11.5 million.

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Rackspace Hosting – Razorfish Selects Rackspace for Their Cloud Services

Rackspace® Hosting (NYSE:RAX), the world’s leader in hosting, today announced that Razorfish™, one of the largest digital marketing companies in the world, has selected Rackspace’s cloud hosting platform.

Razorfish is working with Rackspace’s cloud hosting division, Mosso®, to build consumer-facing websites and web applications that can handle large traffic spikes during major promotions and product launches of brands. In particular, Razorfish develops microsites, community platforms, blogs, and web video for its clients using Rackspace’s Cloud Sites™ and Cloud Files™ hosting services.

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