Rackspace acquires Datapipe; more the just about managed third party cloud

  • September 14, 2017
  • Source: Philbert Shih

Rackspace is set to acquire Datapipe for an undisclosed amount. The deal is expected to close in the last quarter of the year and is the second acquisition Rackspace has made this year after acquiring TriCore in June. Rackspace is acquiring Datapipe primarily to accelerate and advance its managed third party cloud business as it builds out an end-to-end infrastructure and managed services portfolio.