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Rackspace Is Buying This Rival To Expand Cloud Computing Options

12 September, 2017

Rackspace Is Buying This Rival To Expand Cloud Computing Options

In a sign of continued consolidation in the IT services market, Rackspace is buying Datapipe, a competitor that also offers business customers several ways to run their technology infrastructures.

Terms of the deal, announced Monday, were not disclosed, although Rackspace CEO Joe Eazor tells Fortune it is the company’s largest-ever acquisition.

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