Cloud player Rackspace goes private in $4.3B deal

A private equity firm has signed an agreement to buy major cloud player Rackspace for $ 4.3 billion.

Rackspace announced today that Apollo Global Management, a U.S.-based investment manager, will acquire the company in a deal that will give Rackspace shareholders $ 32 per share.

“Our board, with the assistance of independent advisors, determined that this transaction, upon closing, will deliver immediate, significant and certain cash value to our stockholders,” said Graham Weston, co-founder and chairman of Rackspace, in a statement. “We are also excited that this transaction will provide Rackspace with more flexibility to manage the business for long-term growth and enhance our product offerings.”

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InfoWorld Cloud Computing

By going private, Rackspace looks to fuel its cloud evolution

Rackspace, a company that was an early player in the cloud market, is being forced to evolve or continue to be left behind.

The cloud and web-hosting company announced today that it’s being acquired by Apollo Global Management, a U.S.-based private equity firm, and will become a private company. It’s a move analysts say will enable Rackspace to make big changes without worrying about an anxious or angry response from shareholders.

Under the $ 4.3 billion deal, Rackspace stockholders will receive $ 32 per share. The purchase is expected to be finalized in the fourth quarter, according to the company.

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Computerworld Cloud Computing

Vodafone readies pan-European virtual private cloud service for SMEs

Small businesses with global ambitions will soon have a new cloud partner — at least wherever Vodafone has data centers.

Vodafone Total Cloud Flex is a virtual private cloud service that can be managed via a self-service portal, and directly integrated with on-premises infrastructure via VPN or MPLS.

Telecommunications operator Vodafone unveiled the service in Hanover, Germany, on Sunday, on the eve of the Cebit trade show.

The service is scheduled to go live by the end of June in Germany, Italy, the U.K. and Ireland. Other countries will follow, half a dozen of them in the third quarter, including the U.S. and either Hong Kong or Singapore, said Nadja Risse, Vodafone’s head of sales for cloud and hosting in central and southern Europe.

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CIO Cloud Computing

Private, public, or hybrid: Microsoft’s cloud flavors

Every cloud in the sky is unique, as is every computing cloud. Microsoft has its own view of what its cloud is all about, what it’s made of, and the tools it provides to help connect Microsoft-powered private clouds with Microsoft Azure public clouds with service clouds (from third parties).

Having multiple options as to where your cloud services reside provides real agility should you need or want it.

But some organizations may not want it. For example, you may require complete control over your data and data compliance — for example, to satisfy regulations. In those cases, Microsoft’s options let you create a private cloud using Windows Server 2016 and Microsoft System Center.

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InfoWorld Cloud Computing

Video: What you didn’t know about private cloud

‘Private cloud’ is a term people throw around a lot – but what is it exactly?

+MORE CLOUD CHRONICLES VIDEOS: A look back at 2015 – a year of big moves in the cloud +

Just having a highly virtualized environment is not a private cloud, even though many people likely mistake it as so.

In the latest edition of the Cloud Chronicles video series, I sat down with Forrester analyst Lauren Nelson to discuss what a private cloud is, what you need to do to build one, and why this should be an important part of your IT strategy.

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Network World Cloud Computing

CHRISTUS Health’s private cloud provides the Rx needed to accommodate change

CHRISTUS Health is a sprawling healthcare operation headquartered in Irving Texas, with primary acute care facilities in Texas, Louisiana, New Mexico, Mexico, Chile and, coming soon, Colombia, as well as long-term care facilities in Georgia, Iowa, Texas, Louisiana and Arkansas. Lynn Gibson was brought in almost four years ago as CTO to help CHRISTUS gird for change, and Network World Editor in Chief John Dix recently stopped by his office to get his take on where they stand and what comes next.

CHRISTUS Health CTO Lynn Gibson

CHRISTUS Health CTO Lynn Gibson

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Network World Cloud Computing

Amazon adds managed NAT gateways to Virtual Private Cloud

Amazon’s Virtual Private Cloud has long made it possible to partition a hunk of AWS with a private network of its own, complete with a VPN connection for secure access.

But setting up a VPN to access the Internet is drudgery, since connections to and from VPC have to be mapped with network address translation (NAT) using a manually created cluster of EC2 instances that serve as a gateway.

Earlier this week, Amazon did away with some of that headache by providing a new Managed NAT Gateway for AWS to automatically create NAT gateways for AWS VPNs without having to do anything more than click through a wizard.

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InfoWorld Cloud Computing

3 types of private clouds: Which one’s right for you?

Forrester Research describes the Infrastructure-as-a-Service private cloud industry as healthy, growing and “intensely competitive.”

“Customers no longer question cloud computing? as a viable technology choice,” writes Forrester senior analyst Lauren Nelson in a recent report. “And in a growing number of enterprises, cloud is now the first choice.”

+MORE AT NETWORK WORLD: Top Tech Turkeys of 2015 | 10 mightiest supercomputers in the world +

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Network World Cloud Computing

Private Cloud is Fun and Easy

Private Cloud is Fun and Easy
Through improved provisioning, metering, self-service and management capabilities, a properly deployed private cloud can solve virtual machine sprawl, improve server utilization and help end-users deploy only the resources that they need. Just as it's …
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Motorcyclist dies fleeing police in St. Cloud
The St. Cloud Times reports officers were began pursuit of a man on a Harley Davidson for a traffic violation at about 9:30 p.m. Thursday. The rider was near the intersection of Stearns County Road 75 and Opportunity Drive when he lost control, went …
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At Last, Standard Amazon Cloud Drive App Comes To The Company's Appstore
Born and raised in the rural South, Bertel knows what it's like to live without 4G LTE – or 3G, for that matter. The only things he likes sweeter than his tea are his gadgets, and while few objects burn more than a metal phone on a summer day, he …
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Public, Private, Hybrid? Choosing the Right Cloud Mix

Public, Private, Hybrid? Choosing the Right Cloud Mix
Identifying which IT operations are candidates for cloud deployment is just the first step; organizations also have to decide whether they want their applications hosted in a public, private or hybrid cloud environment. Each model offers its own …
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10 Online Cloud Computing Courses To Get Ahead
With this much money being directed at cloud computing, businesses' need for staff with cloud skills has led to an increased number of training courses related to the field. In particular online courses, which provide valuable skills in the learner's …
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Microsoft woos startups with 0K in cloud computing credits
Microsoft is trying to lure more startups onto its Azure cloud services by offering a substantial $ 120,000 credit for companies that qualify for its BizSpark Plus program. Starting July 1, qualifying companies will receive $ 10,000 worth of Azure …
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Brace yourselves: Public cloud is coming. When? Er… soon, possibly
Widespread uptake of the public cloud is not happening anytime soon, despite strong growth from the likes of Amazon Web Services, it added. However, this is up from IaaS/PaaS accounting for just three per cent of the total infrastructure services …
Read more on The Register