Rackspace, Amazon Cloud Deal Gets Done, Upside?

By | October 6, 2015

Scalper1 News

Rackspace Hosting (RAX) has clinched a customer support deal with Amazon Web Services, the leader in cloud computing services. The deal had been expected as Rackspace’s business model evolves toward support of third-party cloud platforms, including Microsoft’s (MSFT) Azure service. San Antonio-based Rackspace’s stock edged down in mid-day trading on the stock market today. AWS, e-commerce leader Amazon.com’s (AMZN) cloud computing unit, is by far Scalper1 News

Scalper1 News