H-P poaches Rackspace exec; sources deny acquisition bid was made

Mark Interrante, until now Rackspace's (RAX -2.1%) SVP of products and engineering, has been hired by H-P (HPQ +0.4%) to be the SVP of engineering for the company's cloud services unit

Both H-P and Rackspace offer cloud infrastructure (IaaS) services based on the OpenStack platform; Rackspace is an early leader within the market. H-P also offers cloud app platform (PaaS) services with the help of a partnership with Cloud Foundry (a part of EMC/VMware's Pivotal spinoff). Each company faces intense competition from Amazon, Google, and Microsoft.

Meanwhile, re/code states multiple sources have "categorically denied" a TechCrunch report stating H-P made a $43/share bid for Rackspace. As it is, dealReporter had expressed skepticism about the reliability of a source providing similar info.

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Comments (2)
  • Shaduc
    , contributor
    Comments (3021) | Send Message
    Is Mark Interrante able to battle those veterans in the cloud coliseum? such as:
    " to make Microsoft better."


    As for what Nadella emphasized as areas of focus: "Obsessing" over customers. Cloud, mobile, productivity."
    10 Jul 2014, 01:00 PM Reply Like
  • hdman
    , contributor
    Comments (28) | Send Message
    What sources?
    10 Jul 2014, 01:57 PM Reply Like
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