Rackspace has officially finalized the acquisition of one of its biggest rivals, managed services provider Datapipe, in a deal that will open up Alibaba’s cloud offerings to its customer base.
The acquisition, which was first announced in September, is the largest in the history of Rackspace.
The San Antonio-based firm has not disclosed how much it paid for Datapipe, but CEO Joe Eazor said the acquisition brings important new capabilities and will enable the company to “better serve customers of all kinds, globally and at scale.” The process of integrating the two companies will begin immediately.
“Together, we will build on the industry leadership both companies established in expertise, reliability, security and support, to create a new level of end-to-end customer experience,” Eazor said in a statement this week announcing the closing of the deal.
The acquisition will give Rackspace customers access to new data centers and offices in key markets around the world, including Brazil, China and Russia, along with Datapipe’s experience with high-profile public sector customers in the U.S. and U.K. It will also open the door for Rackspace to offer customer access to its managed service offering on Alibaba’s Cloud.
As part of the deal, Datapipe’s Chief Technology and Security Officer Joel Friedman will take over as the CTO of Rackspace.