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Rackspace (RAX -0.2%) expands its cloud database offerings by acquiring ObjectRocket, a provider...

Rackspace (RAX -0.2%) expands its cloud database offerings by acquiring ObjectRocket, a provider of hosted unstructured databases relying on the increasingly popular NoSQL structure. Rackspace already supports a variety of structured database platforms; NoSQL, often used in big data projects, can provide better scalability and support for unconventional data formats, at the expense of consistency. Terms aren't disclosed.
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