Tuesday, March 21, 2023
News24xx
Advertisement
  • News
  • Crime
  • Politics
  • Business
  • Culture
  • Opinion
  • Advertorial
  • Gallery
No Result
View All Result
News24xx
  • News
  • Crime
  • Politics
  • Business
  • Culture
  • Opinion
  • Advertorial
  • Gallery
No Result
View All Result
News24xx
No Result
View All Result
Home Tak Berkategori

Amazon in talks to invest in cloud services company Rackspace

17 August 2020
ArgabyArga
Amazon in talks to invest in cloud services company Rackspace
Share on FacebookShare on Twitter

Amazon.com Inc is in preliminary talks to invest in U.S. cloud services provider Rackspace Technology Inc, people familiar with the discussion said on Monday.

The deal would involve Amazon acquiring a minority stake in Rackspace, the sources said. Rackspace helps companies migrate their data to Amazon Web Services, and the investment would strengthen the ties between the two companies. Rackspace also migrates companies to Alphabet Inc’s Google Cloud, Microsoft Corp’s Azure and VMware Inc.

You might also like

Daebak! Minji NewJeans Ditunjuk Sebagai Brand Ambassador CHANEL Korea

Jenis-Jenis Kejahatan Apa Saja yang Diancam Hukuman Mati ?

Jokowi : Kemungkinan Perombakan Bisa jadi Rabu atau Kamis

There is no certainty that Amazon and Rackspace, which is majority-owned by private equity firm Apollo Global Management Inc, will agree a deal, the sources said. If there is one, it could take one to two months to negotiate it, the sourced added, asking anonymity because the matter is confidential.

Rackspace and Apollo declined to comment, while Amazon did not respond to a request for comment.

Rackspace leases server space and helps corporations store and access data in the cloud. It was acquired by Apollo in a $4.3 leveraged buyout in 2016, and was listed in the stock market earlier this month. The San Antonio, Texas-based company has market capitalization of more than $3 billion, almost as much as its debt pile.

Amazon’s cloud services is thriving on higher demand from companies switching to virtual offices amid the coronavirus outbreak. Its revenue from Amazon Web Services, which sells data storage and computing power in the cloud, rose nearly 29% in the second quarter to $10.81 billion.

If Rackspace bring in Amazon as an investor, it would be the second Apollo-owned company to secure such a deal with a major technology company this year.

Earlier this month, Google revealed it had picked up a 6.6% stake in ADT Inc for $450 million, betting on the home security company’s strong customer base and an army of technicians to drive sales of its Nest devices.

Apollo had acquired ADT in a nearly $7 billion deal in 2016, and still owns a majority stake in the company. ADT shares have risen in value by more than a third since the deal with Google was announced. (Reporting by Greg Roumeliotis and Krystal Hu in New York Editing by Nick Zieminski)

Real Article
Tags: business

Trending Topic

No Content Available

Related Post

Baku Tembak di Pengadilan Rohini Delhi, Gangster Paling Berbahaya di India Tewas Meregang Nyawa

Baku Tembak di Pengadilan Rohini Delhi, Gangster Paling Berbahaya di India Tewas Meregang Nyawa

by Devi
16 March 2023
0

Sedikitnya empat orang tewas setelah tembakan dilepaskan di dalam gedung pengadilan Rohini di Delhi pada Jum'at lalu. Gangster paling dicari...

2 Remaja di Jayapura Satroni Rumah Dokter, Gondol Gitar hingga Home Theater

2 Remaja di Jayapura Satroni Rumah Dokter, Gondol Gitar hingga Home Theater

by Widia
18 March 2023
0

Tim Resmob Numbay Satuan Reskrim Polresta Jayapura Kota membekuk dua remaja atas pencurian di rumah tetangganya Kompleks Perumahan Dokter RSUD...

71 Warga Jasinga Bogor Keracunan Makanan Saat Pengajian Majelis Taklim

71 Warga Jasinga Bogor Keracunan Makanan Saat Pengajian Majelis Taklim

by Widia
14 March 2023
0

Sebanyak 71 warga Kampung Pangradin, Desa Pangradin, Kecamatan Jasinga, Kabupaten Bogor diduga mengalami keracunan usai menyantap makanan dalam acara pengajian...

Pembunuh Berbahasa Rusia Membunuh Gangster India di Phuket

Pembunuh Berbahasa Rusia Membunuh Gangster India di Phuket

by Devi
14 March 2023
0

News24xx.com - Polisi masih menyelidiki pembunuhan seorang gangster India-Kanada yang ditemukan ditembak mati di depan sebuah vila mewah di Phuket. Polisi...

KPK Sita Uang Rp50,7 Miliar dan Bekukan Rekening Lukas Enembe

KPK Sita Uang Rp50,7 Miliar dan Bekukan Rekening Lukas Enembe

by Widia
17 March 2023
0

Komisi Pemberantasan Korupsi (KPK) melakukan penyitaan sejumlah uang terhadap kasus suap Gubernur Papua nonaktif Lukas Enembe. Tak-tanggung-tanggung, lembaga antirasuah itu...

Calya Hitam Tabrak Dua Mobil Hingga Ringksek di Paseban, Polisi Amankan Sopir

Calya Hitam Tabrak Dua Mobil Hingga Ringksek di Paseban, Polisi Amankan Sopir

by Devi
14 March 2023
0

News24xx.com - Diduga kurang konstrasi, mobil Calya warna hitam dengan nopol B 2525 PKH menghantam dua mobil yang sedang terparkir...

Browse by Category

  • Advertorial
  • Advertorial Indragiri Hilir
  • Advertorial Siak
  • Bengkalis
  • Business
  • Crime
  • Culture
  • Entertainment
  • Fashion
  • Food
  • Gallery
  • Health
  • Hukum
  • Indragiri Hilir
  • Indragiri Hulu
  • International
  • Kampar
  • Kuantan Singingi
  • Lifestyle
  • National
  • News
  • Opinion
  • Pekanbaru
  • Pelalawan
  • Politics
  • Riau
  • Rokan Hilir
  • Rokan Hulu
  • Siak
  • Sports
  • Tak Berkategori
  • Tour de Siak
  • Travel
  • World

Browse by Tags

Aceh bali Bengkalis Brigadir J BTS celebrity coronavirus Covid-19 crime Curanmor DPRD Riau Ferdy Sambo health india indonesia Indra Kenz inhil international jambret Kampar Korupsi KPK Kuansing narkoba national Papua Pekanbaru pembunuhan pemerkosaan pencabulan pencurian Penganiayaan Piala Dunia 2022 Polda Riau polisi Polri riau Rohil Rohul sabu siak technology Tewas TNI Viral
Next Post
Crazy! This Celebgram Willing To Maintain Unique And Round Stomach Just To Be Viral

Crazy! This Celebgram Willing To Maintain Unique And Round Stomach Just To Be Viral

News24xx

CATEGORIES

news | crime | politics | business | culture | opinion | advertorial | gallery
INFORMATION

Redaksi | Tentang Kami | Kontak | Pedoman Media Siber
OUR NETWORK

riau1.com | riau24.com | news24.co.id | holidayayo.com

© 2021 News24xx - Berita Terbaru Terkini Hari Ini.

No Result
View All Result
  • Home
  • News
  • Crime
  • Politics
  • Business
  • Culture
  • Opinion
  • Advertorial
  • Gallery

© 2021 News24xx - Berita Terbaru Terkini Hari Ini.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?