Cloud hosting company Rackspace announced on Monday that it has sold its Cloud Sites business unit to web hosting and cloud services provider Liquid Web. Terms of the agreement remain undisclosed.
Liquid Web stated that Cloud Sites unit will remain in San Antonio, and it will direct its efforts to ensure a smooth transition for the existing customers. The company further revealed that it is also committed to investing in the Cloud Sites platform that started at $150 per month.
“With the addition of Cloud Sites, we further our mission to empower web professionals all over the world to create content and commerce without worry, free of problems and devoid of even one bit of hesitation by providing absolutely flawless web hosting,” said Jim Geiger, CEO, Liquid Web.
“At Liquid Web, day-in and day-out our people stand behind the creators of content and commerce and we’re going to continue to stand behind those businesses who rely on the web and cloud. Our job is to delight and every single human being in our company is empowered to do so. Each of them has a relentless devotion to simplifying how our customers experience web hosting and cloud services,” Geiger added.
According to the press release, the acquisition of PaaS platform would scale up Liquid Web’s portfolio while adding capabilities to further simplify web hosting and cloud services. With the acquisition, the Liquid Web team will grow to 550 employees and 30,000 customers globally.
Matt Bradley, Vice President, Corporate Development and Strategy, Rackspace, said:
As Rackspace continues to focus on delivering expertise and Fanatical Support for the world’s leading clouds, and serving more enterprise customers, it made sense for us to sell the Cloud Sites business unit to Liquid Web. Through the transaction, we are also pleased to welcome Liquid Web to the Rackspace Partner Network as an email reseller.
Liquid Web further aims to enhance customer experience, as it believes that its customer support, integrated with Cloud Sites will provide an “all-in-one technology platform designed for high-traffic websites with easy scalability.”
“We see that there is an overall trend in the industry to simplify, customize, and personalize service offerings to better assist our customers. With the addition of Cloud Sites, our portfolio becomes broader and more scalable,” said Liquid Web in a blogpost.