Datapipe Considering Sale Process This Year

Datapipe, the privately-held managed hosting company in New Jersey, is considering launching a sale process by the end of the year, a source familiar with the matter and a sector banker told CTFN. The company wants to explore a sale soon, despite having just announced the acquisition of Adapt in the UK, because valuationsfeatured

Rackspace is Worth More Private than Public

Rackspace has a dilemma. If it were private, it would be worth twice as much money, three sources said. “I can’t believe how low it trades,” said a sector banker.featured

Rackspace an M&A Candidate Though No Near-term Sale Likely

Rackspace is still an M&A candidate, two telecom sector bankers and an industry executive told CTFN. None were aware of an active process to sell the company, but all thought the company is waiting for its stock price to increase tofeatured

Interview: Rackspace’s Cloud Expertise in Demand, No Logic in Splitting Company

Rackspace Hosting, Inc. (RAX) can claim bragging rights as one of last year’s unexpected turnaround stories. Shares of the global cloud computing company racked up a 20% gain in 2014 (climbing almost 50% from its low), comfortably better the broad based S&P 500 Index’s 11.4% rise. As notable as last year’s gains were, it was … Read Morefeatured

Rackspace Needs to Split, Focus on High-Touch Customer Service, Experts Say

Rackspace Hosting, Inc. (RAX) has given investors and analysts plenty to think about over the last several months.  After putting itself on the auction blocks in May, Rackspace has played hard to get. The No. 1 hosting provider for the Internet Retailer Top 1,000 e-commerce websites, and a leader in the private cloud hosting space, … Read Morefeatured

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