Thursday, June 19, 2014

IBM SoftLayer Chief: Rackspace Buy Not Exciting

San Antonio-based Rackspace has been shopping the company around, but might not be getting much interest down the road at IBM Softlayer. According to an interview with Lance Crosby, CEO of IBM SoftLayer, an acquisition of Rackspace is "not exciting". SoftLayer--which is based in Dallas--was acquired by IBM last June. Rackspace hired an investment banker in May.