Rackspace has agreed to acquire Datapipe, one of the world’s leading providers of managed services across public and private clouds, managed hosting and colocation. This acquisition, the largest in Rackspace history, brings important new capabilities to Rackspace and will enable the company to better serve customers of all kinds, globally and at scale.
Among the new capabilities that Datapipe will bring to Rackspace include data centers and offices in key markets where Rackspace today has little or no presence, including the West Coast of the U.S., Brazil, mainland China, and Russia. The agreement also includes traditional colocation services across four continents, to reduce cost and risk for customers moving applications out of their corporate data centers.
“Our customers are looking for help as they spread their applications across public and private clouds, managed hosting, and colocation, depending on the blend of performance, agility, control, security, and cost-efficiency they’re seeking,” said Joe Eazor, CEO of Rackspace. “With the acquisition of Datapipe, we’re very pleased to expand the multi-cloud managed services we provide our customers, while also opening doors to new opportunities across the globe.”
Rackspace and Datapipe are known for technical expertise and managed services across multiple clouds. Rackspace intends to build on the industry leadership the two companies have established in reliability and support, to create a new level of end-to-end customer experience.
Pending regulatory approvals, Rackspace’s acquisition of Datapipe is expected to close in Q4 2017. Both companies are privately held, with Rackspace owned by affiliates of certain funds of Apollo Global Management, LLC and certain co-investors. Additional terms or details of the transaction were not publicly disclosed.
For more information, go to www.rackspace.com.