Announced
Completed
Financials
Tags
Friendly
Digital Services
Majority
Single Bidder
United States
Private Equity
Acquisition
Completed
cloud solutions
Private
Synopsis
Apollo Global-backed Rackspace, an American managed cloud computing company based in Windcrest, Texas, completed the acquisition of Onica, a cloud native services company. Financial terms were not disclosed. "By combining our capabilities with Rackspace’s global presence, resources and scale, we will be better positioned to achieve our mission of helping customers innovate using AWS. We pride ourselves on delivering results for customers, and in Rackspace we have found a partner that shares our passion for providing a customer-obsessed experience," Stephen Garden, Onica CEO.
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