This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Rackspace Adds Error Tracking And Redis-as-a-Service To Developer Toolset With Acquisition Of Exceptional Cloud Services

Rackspace® Hosting (NYSE: RAX), the open cloud company, today announced the strategic acquisition of Exceptional Cloud Services to enhance its toolset for developers deploying and managing applications in the open cloud. Through this deal, Rackspace will expand its portfolio of developer solutions to include error tracking and Redis-as-a-Service capabilities. These solutions from Exceptional Cloud Services are currently used by more than 50,000 application developers.

“Rackspace is improving the key technologies used by developers in the open cloud. Our focus on the developer community is deeper than ever before and we are carefully adding strategic technologies to our open hybrid cloud portfolio, while keeping the needs of application developers in mind,” said Pat Matthews, senior vice president of corporate development at Rackspace. “Through the acquisition of Exceptional Cloud Services, we’re gaining technology and expertise that will provide startups and cloud developers with the tools that help them deliver more reliable customer experiences and to bring the next generation of cloud-based apps to market faster.”

As part of the agreement, Rackspace will acquire the following products:

  • Exceptional.io - Exceptional tracks errors in over 6,000 web applications. The service reports errors in real-time and gathers the information developers need to fix them fast.
  • Airbrake.io - Airbrake collects errors generated by other applications and aggregates the results for review.
  • Redis To Go - Redis To Go makes managing Redis instances easier, whether it’s one instance or hundreds. Faster caching and easier in-memory dataset operations deployed on demand.

Startups like StickerMule, HowAboutWe and larger customers such as Exec, Groupon, HotelTonight, Oracle, TaskRabbit and Zendesk rely on these technologies to enhance their development, troubleshooting and Big Data applications.

Due in part to increased developer demand for more tools and capabilities that will help them design and deliver cloud applications to market, Rackspace launched its open cloud platform in 2012 including a full suite of compute, storage and networking offerings. As part of its ongoing emphasis on supporting developers, Rackspace added Mailgun, a programmable email platform in August 2012, ObjectRocket, a scalable and high-performing MongoDB database as a service (DBaaS) in February 2013, and now the latest collection of technologies from Exceptional Cloud Services.

Stock quotes in this article: RAX 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs