Friday, May 16, 2014

Ruh roh. Rackspace brings Morgan Stanley aboard to evaluate its options — Tech News and Analysis [GigaOM]

Perhaps more cloud consolidation ahead

"As Amazon, Google and Microsoft traded cloud price cuts in the past few months, you really had to wonder how Rackspace– with its high-touch (and pricier) service model could compete. All of those companies dwarf Rackspace in size and resources. Now it’s clear Rackspace is wondering too and has hired Morgan Stanley to help chart its course."
Ruh roh. Rackspace brings Morgan Stanley aboard to evaluate its options — Tech News and Analysis

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