Wednesday, 17 September 2014

Whimper...or not

Well, it looks like my foray into reporting on US cloud computing deals has ended with a bit of whimper.

Rackspace said yesterday that it decided against pursing a sale of the business after receiving several approaches - I am presuming at least one those approaches came from CenturyLink and possibly even Hewlett-Packard.

Here is a link to a New York Times piece on the topic: http://dealbook.nytimes.com/2014/09/16/rackspace-decides-to-go-it-alone/?_php=true&_type=blogs&_r=0

Remember, though, deals sometimes blow up or get publicly cancelled but they rarely fizzle out altogether. So, perhaps the Rackspace deal will bubble up again over the next few months. Well, I hope so as I enjoy proving my doubters wrong.

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