I love Rackspace. I was looking forward to being a happy Rackspace customer until I was old and gray. And all the things I love about them would be the first things to go after an acquisition.
Verio was a player. The largest by some measures. Then they exercised an option to force NTT to buy them out when the tech stock market tanked and have barely been heard from since.
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Aaargh.
I love Rackspace. I was looking forward to being a happy Rackspace customer until I was old and gray. And all the things I love about them would be the first things to go after an acquisition.
Aaaaaaaaaargh.
Which speaks to another risk of cloud computing: business continuity of your cloud provider.
* Store your application/source code/etc in multiple object stores (S3/Rackspace Cloud files)
* Abstract away from specific computing/storage APIs
* Test to ensure you can always deploy to a different provider
Twilio does this well, as they run in AWS and Rackspace Cloud, based on availability and cost.
Yeah, I hope Geekdom isn't affected. Best startup co-working space in SF IMO.
As a Geekdom member. I agree.
I wonder what would be a good acquirer.
Ten cents on the dollar would be about $470 million cash. Define "good"
edit: $430 million between when the story broke and now.
GoDaddy probably has the cash.
Please, no. Just, no.
We have 80+ servers with Rackspace. Would go to AWS before enduring a GoDaddy-owned Rackspace, on general principles.
And I think has improved since the Bob Parsons days.
Verio might be a good match... NTT could afford it... and make them a player.
Verio was a player. The largest by some measures. Then they exercised an option to force NTT to buy them out when the tech stock market tanked and have barely been heard from since.
* I was in the first wave of NTT/Verio lay-offs.