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5 Things You Need To Know About Rackspace's Onica Acquisition

Rackspace is looking to supercharge its AWS professional services practice with an agreement to buy AWS partner Onica.

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Rackspace Adds Onica

There may be no company in the cloud industry that has seen as stark a transformation as Rackspace over the last few years, having pivoted from a colocation and public cloud vendor to a company predominantly focused on offering services that span all major cloud providers.

Now Rackspace is looking to supercharge its AWS professional services practice with an agreement to buy Onica, a fast-growing and highly innovative Amazon partner specializing in cloud-native solutions.

Based in Santa Monica, Calif., Onica, a 2017 spinout from Microsoft partner CorpInfo, will boost Rackspace's already thriving Amazon practice with cutting-edge capabilities around the public cloud leader's big data, machine learning, container, DevOps and Internet-of-Things platforms.

The deal, expected to close in the fourth quarter, is the latest bold move by Rackspace to complement organic growth of its managed cloud portfolio with strategic acquisitions that fill gaps in its portfolio.

Here’s what you need to know about the deal.

 
 
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