Cloud services giant Rackspace has been acquired by “affiliates of certain funds” under global investment manager Apollo Global Management in a deal worth $4.3 billion. Founded in 1998, San Antonio-based Rackspace provides a range of services aimed at enabling businesses to operate in the cloud. The company has traded on the New York Stock Exchange (NYSE) […]
Cloud services giant Rackspace has been acquired by “affiliates of certain funds” under global investment manager Apollo Global Management in a deal worth $4.3 billion. Founded in 1998, San Antonio-based Rackspace provides a range of services aimed at enabling businesses to operate in the cloud. The company has traded on the New York Stock Exchange (NYSE) […]
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