The cloud infrastructure market has some heavy hitters with the likes of Microsoft, HP and IBM. Their vast capital and resources have made sustaining significant growth difficult for San Antonio-based company Rackspace, who has invested a substantial $1 billion since entering the market in 2005. A news story at Bloomberg confirms that Rackspace is entertaining proposals from others in the industry, which indicates some strategic partnership is likely. This potential consolidation could lead to a diversity decrease in the future of the cloud marketplace.
Read the full article here:
http://www.forbes.com/sites/benkepes/2014/05/15/is-this-the-beginning-of-cloud-consolidation-rackspace-looks-at-exit-options/
