Is Rackspace Looking For A Privatization Escape Route?

The rumor mill was driven into high gear back in May when it was revealed that hosting and cloud infrastructure vendor Rackspace (disclosure, Rackspace sponsored a vendor neutral cloud education program I developed a couple of years ago) had engaged Morgan Stanley to look at “strategic options” for its future. Most commentators saw this as the Rackspace board looking for a buyer for the business. And the reasons for this seem obvious, previously widely seen as the number two cloud infrastru...