May
17
2018
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Rackspace acquires Salesforce specialist RelationEdge

Rackspace today announced that it has acquired RelationEdge, a Salesforce implementation partner and digital agency. The companies did not disclose the financial details of the acquisition.

At first, this may sound like an odd acquisition. Rackspace is still best known for its hosting and managed cloud and infrastructure services, after all, and RelationEdge is all about helping businesses manage their Salesforce SaaS implementations. The company clearly wants to expand its portfolio, though, and add managed services for SaaS applications to its lineup. It made the first step in this direction with the acquisition of TriCore last year, another company in the enterprise application management space. Today’s acquisition builds upon this theme.

Gerard Brossard, the executive VP and general manager of Rackspace Application Services, told me that the company is still in the early days of its application management practice, but that it’s seeing good momentum as it’s gaining both new customers thanks to these offerings and as existing customers look to Rackspace for managing more than their infrastructure. “This allows us to jump into that SaaS management practice, starting with the leaders in the market,” he told me.

Why sell RelationEdge, a company that has gained some good traction and now has about 125 employees? “At the end of the day, we’ve accomplished a tremendous amount organically with very little funding,” RelationEdge founder and CEO Matt Stoyka told me. “But there is a huge opportunity in the space that we can take advantage of. But to do that, we needed more than was available to us, but we needed to find the right home for our people and our company.” He also noted that the two companies seem to have a similar culture and mission, which focuses more on the business outcomes than the technology itself.

For the time being, the RelationEdge brand will remain and Rackspace plans to run the business “with considerable independence under its current leadership.” Brossard noted that the reason for this is RelationEdge’s existing brand recognition.

Mar
27
2018
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Rackspace may reportedly go public again after a $4.3B deal took it private in 2016

Rackspace, which was taken private in a $4.3 billion deal in August 2016 by private equity firm Apollo Global Management, is reportedly in consideration for an IPO by the firm, according to a report by Bloomberg.

The company could have an enterprise value of up to $10 billion, according to the report. Rackspace opted to go private in an increasingly challenging climate that faced competition on all sides from much more well capitalized companies like Amazon, Microsoft, and Google. Despite getting an early start in the cloud hosting space, Rackspace found itself quickly focusing on services in order to continue to gain traction. But under scrutiny from Wall Street as a public company, it’s harder to make that kind of a pivot.

Bloomberg reports that the firm has held early talks with advisers and may seek to begin the process by the end of the year, and these processes can always change over time. Rackspace offers managed services, including data migration, architecture to support on-boarding, and ongoing operational support for companies looking to work with cloud providers like AWS, Google Cloud and Azure. Since going private, Rackspace acquired Datapipe, and in July said it would begin working with Pivotal to continue to expand its managed services business.

Rackspace isn’t alone in companies that have found themselves opting to go private, such as Dell going private in 2013 in a $24.4 billion deal, in order to resolve issues with its business model without the quarter-to-quarter fiduciary obligations to public investors. Former Qualcomm executive chairman Paul Jacobs, too, expressed some interest in buying out Qualcomm in a process that would take the company private. There are different motivations for all these operations, but each has the same underlying principle: make some agile moves under the purview of a public owner rather than release financial statements every three months or so and watch the stock continue to tumble.

Should Rackspace actually end up going public, it would both catch a wave of successful IPOs like Zscalar and Dropbox — though things could definitely change by the end of the year — as well as an increased need by companies to manage their services in cloud environments. So, it makes sense that the private equity firm would consider taking it public to capitalize on Wall Street’s interest at this time in the latter half.

A spokesperson for Rackspace said the company does not comment on rumors or speculation. We also reached out to Apollo Global Management and will update the post when we hear back.

Oct
03
2017
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Webinar October 4, 2017: Databases in the Hosted Cloud

Databases in the Hosted Cloud 1

Join Percona’s Chief Evangelist, Colin Charles as he presents Databases in the Hosted Cloud on Wednesday, October 4, 2017, at 7:00 am PDT / 10:00 am EDT (UTC-7).Databases in the Hosted Cloud 1


Today you can use hosted MySQL/MariaDB/Percona Server for MySQL/PostgreSQL in several “cloud providers” as a database as a service (DBaaS). Learn the differences, the access methods and the level of control you have for the various public databases in the hosted cloud offerings:

  • Amazon RDS including Aurora
  • Google Cloud SQL
  • Rackspace OpenStack DBaaS
  • Oracle Cloud’s MySQL Service

The administration tools and ideologies behind each are completely different, and you are in a “locked-down” environment. Some considerations include:

  • Different backup strategies
  • Planning for multiple data centers for availability
  • Where do you host your application?
  • How do you get the most performance out of the solution?
  • What does this all cost?
  • Monitoring

Growth topics include:

  • How do you move from one DBaaS to another?
  • How do you move from a DBaaS to your own hosted platform?

Register for the webinar here.

Securing Your MySQLColin Charles, Chief Evangelist

Colin Charles is the Chief Evangelist at Percona. He was previously on the founding team for MariaDB Server in 2009, worked in MySQL since 2005 and been a MySQL user since 2000. Before joining MySQL, he worked actively on the Fedora and OpenOffice.org projects. He’s well known within many open source communities and has spoken on the conference circuit.

 

Sep
11
2017
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Rackspace acquires Datapipe as it looks to expand its managed services business

 Rackspace today announced its intention to acquire Datapipe, one of its largest competitors in the managed public and private cloud services business. Rackspace expects the acquisition, which is its largest one yet, to close in the next quarter. Read More

Jul
18
2017
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Rackspace partners with Pivotal to launch managed services for Cloud Foundry

 Rackspace, which strongly focuses on managed services these days, today announced a partnership with Pivotal, the company behind the open source Cloud Foundry platform as a service project. Rackspace already offers managed services for AWS, Microsoft Azure, Google Cloud Platform, VMware, OpenStack and it is now adding Pivotal Cloud Foundry to this mix. Rackspace, which made the announcement at… Read More

May
25
2017
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Rackspace acquires TriCore, adds enterprise applications to cloud management mix

Rackspace Rackspace announced today it was purchasing TriCore, giving it an enterprise applications management play to go along with its cloud management services. The announcement comes just one day after the company announced it was bringing a new CEO onboard, make it a busy week for the firm. The companies did not share the terms of the deal, but Rackspace called it the largest acquisition in… Read More

May
24
2017
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Rackspace appoints a new CEO

 Rackspace today announced that its board has appointed Joe Eazor as its new CEO, effective June 12. Eazor will replace Rackspace president Jeff Cotten, who stepped in as the company’s interim CEO after former CEO Taylor Rhodes left the company about three weeks ago. At the time, Rhodes said he left Rackspace to become “the CEO of a smaller private company.” That company, we… Read More

Oct
31
2016
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Microsoft open sources its next-gen cloud hardware design

80527689-6b4f-4ac8-bb93-25556376560c Microsoft today open sourced its next-gen hyperscale cloud hardware design and contributed it to the Open Compute Project (OCP). Microsoft joined the OCP, which also includes Facebook, Google, Intel, IBM, Rackspace and many other cloud vendors, back in 2014. Over the last two years, it already contributed a number of server, networking and data center designs. With this new contribution,… Read More

Oct
26
2016
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A maturing OpenStack looks to the future

img_20161025_084640 OpenStack, the open source cloud computing platform that allows enterprises to essentially run their own version of AWS in their data centers, was founded by NASA and Rackspace in 2010. Today, it’s being used by the likes of Comcast, PayPal, Volkswagen, CERN, AT&T, China Mobile and Her Majesty’s Revenue and Customs in the U.K. The OpenStack Foundation’s bi-annual… Read More

Aug
26
2016
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Rackspace to go private after $4.3B acquisition by private equity firm Apollo

rackspace-earnings 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. Now, however, it’s going private again after accepting a $4.3 billion offer (or $32 per share) in cash from private equity firm Apollo Global Management. The deal is still subject to regulatory approval and… Read More

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