Is This The Beginning Of Cloud Consolidation? Rackspace Looks At Exit Options
The news today is that Rackspace has hired Morgan Stanley to look at “strategic options” for the future. Rackspace has long been something of a bridesmaid in the cloud infrastructure space. Previously dwarfed by the number one player, Amazon Web Services, the San Antonio-based company now has to contend with some very strong cloud infrastructure plays from others including Microsoft, Google and IBM – all companies with far bigger footprints, and deeper pockets than it has.