• By Alaska Miller
    Oct 22, 2008 4:00 PM 953
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    #rackspace

    Rackspace IPO's lesson? Rackspace shouldn't have gone public

    Rackspace irons out accounting kinks as it dresses up for IPO
    read more: #acquisitions, #rackspace, #cloudcomputing, #slicehost, #jungledisk, #amazoncom, #valleywag

    Rackspace gobbles tiny competition to take on Amazon.com

    Web hosting? So 1990s. Rackspace is now into "cloud computing." The company has acquired Slicehost, a small but popular virtual private server host, and JungleDisk, an online-storage startup. The deals comes as Rackspace is pushing its Mosso service as an alternative to Amazon.com's computing-power rental offerings. The question is now this, will Rackspace bring their world-class downtime to both services?


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