Comment on Succumbing to Amazonian cloud rivals, Rackspace goes private

Succumbing to Amazonian cloud rivals, Rackspace goes private

Low online prices and convenience offered by Amazon.com usually hammers rival retailers. Now it's happening in the world of corporate IT services. Apollo Global Management is buying Rackspace Hosting Inc. for $4.3 billion after the cloud-services company failed to keep pace with cheaper and broader...

 

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