ObjectRocket Acquired by Rackspace rackspace-featured Full view

ObjectRocket Acquired by Rackspace

http://www.rackspacecloud.comA couple weeks ago (on February 27, 2013), Rackspace Hosting, one of the leading providers of scalable cloud infrastructure services, announced that it had entered into a definitive agreement with ObjectRocket, one of the leading providers of MongoDB Database as a Service (DBaaS), to acquire the latter and expand its OpenStack-based cloud offering by adding a NoSQL BDaaS.

As per the current plan, Rackspace will start offering the ObjectRocket DBaaS from its Chicago facility from March and then integrate the service to its OpenCloud portfolio around the globe. Apart from this, so far ObjectRocket used AWS Direct Connect to provide low latency connections to AWS customers, and this standalone solution will also continue to be on market. Rackspace mentioned that apart from being Highly Available and Automatically Scalable, the main reason it selected ObjectRocket is that ObjectRocket’s offering had a latency of just 2ms (which is 10x faster than closest DBaaS competitor) and the solution supported 10,000 ops per second (which is 3 times that of the closest competitor), and finally ObjectRocket also had an extremely competent team with NoSQL experience, which made it a logical choice for Rackspace.

Both the Companies mentioned that they were excited at the prospects of working together and while the acquisition was closed on February 27, 2013, the financial details of the deal are not available.

Written by Rushin

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