Home Strategy Rackspace completes Datapipe acquisition deal

Rackspace completes Datapipe acquisition deal

Rackspace has completed its acquisition of managed services provider Datapipe in a move described as the largest acquisition in the company’s history.

Founded in 2000, Datapipe is based in New Jersey in the US and claims 825 employees and 29 data centres in nine countries.

A global cloud and IT services provider, Rackspace has not disclose financial details of the deal, but Joe Eazor, chief executive, said in September the acquisition brings important new capabilities to Rackspace and will enable the company to “better serve customers of all kinds, globally and at scale”.

And, announcing completion of the deal on Friday, Eazor said, “This acquisition demonstrates our commitment to become the world’s number one provider in IT as a service”.

“Datapipe brings important new capabilities to Rackspace that will enable us to better serve customers, globally and at scale. Together, we will build on the industry leadership both companies established in expertise, reliability, security and support, to create a new level of end-to-end customer experience.”

Rackspace says it will begin the integration process for Datapipe immediately in a planned way that maintains and enhances support levels for customers.

The deal sees Datapipe leaders joining the Rackspace executive team including Joel Friedman, now chief technology officer of Rackspace; Dan Newton, senior vice-president, account management and service delivery; and Dan Tudahl, general manager, government solutions.

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Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).