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Amazon in talks to invest in Rackspace

By Greg Roumeliotis and Krystal Hu

Aug 18 2020 5:52AM

Chases minority stake.

Amazon in talks to invest in Rackspace

Amazon is in preliminary talks to invest in US cloud services provider Rackspace Technology, people familiar with the discussion said. The deal would involve Amazon acquiring a minority stake in Rackspace, the sources said. Rackspace helps companies migrate their data to Amazon Web Services, ...

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