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Amazon Eyeing Stake in Cloud Firm Rackspace

By
Kevin McLaughlin
· · Source: Reuters

Amazon is in talks to acquire a minority stake in Rackspace, a cloud computing company that helps other firms move computing jobs to cloud providers, Reuters reported . The deal, if it happens, would reflect how a majority of companies still haven’t made large-scale investments in cloud computing, and how companies like Rackspace are seen as a key to unlocking that untapped market potential. ...

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