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Cloud services offerings expand via acquisition activity

Submitted by on September 23, 2017 – 12:07 amNo Comment

Recent cloud services acquisitions reveal an industry preparing to take on multicloud deployment and more complex customer requirements.

Cloud Service

Earlier this month, Rackspace, a $2 billion cloud services company based in San Antonio, agreed to acquire Datapipe, a cloud and managed services provider in Jersey City, N.J., for an undisclosed sum, a transaction influenced by the rising demand for multicloud management. The deal, expected to close by year’s end, would let the combined entity provide an array of cloud services offerings: public cloud services spanning Alibaba Cloud, Amazon Web Services, Google Cloud Platform and Microsoft Azure, as well as private clouds based on Microsoft, VMware and OpenStack technology.

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