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Rackspace (RAX -1.1%) is throwing its weight behind Facebook's Open Compute platform, which...

Rackspace (RAX -1.1%) is throwing its weight behind Facebook's Open Compute platform, which enables the buildout of energy-efficient data centers featuring thousands of densely-packed servers. Embracing Open Compute could help Rackspace's OpenStack solutions become more cost-competitive relative to Amazon and Google's cloud infrastructure offerings - both Internet giants have been very aggressive with their pricing, and Rackspace has said it wants to compete in other ways. (Open Compute/ARM)
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