TITLE

Cisco Not Interested in Buying Rackspace

AUTHOR(S)
Burt, Jeffrey
PUB. DATE
May 2014
SOURCE
eWeek;5/23/2014, p3
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that Cisco will not acquire cloud provider Rackspace on claims by its chief executive officer John Chambers that it does not fit in with Cisco's plans. Topics discussed include interest by multiple parties in exploring a strategic relationship with Rackspace, speculations that Cisco may step up to buy Rackspace and the fierce competition in the cloud space with unmanaged cloud providers Amazon, Google and Microsoft cutting unit prices for access to cloud infrastructure.
ACCESSION #
96220276

 

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