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Can I slack off as E9 at Meta?
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Thank you AAPL and NVDA
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https://www.bizjournals.com/sanantonio/news/2020/08/17/amazon-to-invest-in-rackspace.html#:~:text=Amazon%20(Nasdaq%3A%20AMZN)%20would,two%2C%20according%20to%20the%20report. Genuinely curious #rackspace #M&A #cloud
Many customers are avoiding AWS by running on Rackspace managing their own servers, and their stock is super cheap so why not?
That sounds.. anti competitive?
Not sure if it applies to minority stake
They are not acquiring rackpace, just taking a minority stake.
Acquiring a minority stake. They aren’t buying Rackspace like Apollo did.
Contrary to marketing spin, Rackspace is fundamentally a MSP. Rackspace's ability to migrate customers and help them adopt the cloud is a win for Amazon.
Aws to GCP migrations
Monopoly to increase market capitalization and retain market share.
Cause we rule!