IBM has recently eyed both Rackspace (RAX) and SoftLayer as buyout targets, a former IBM exec...
IBM has recently eyed both Rackspace (RAX) and SoftLayer as buyout targets, a former IBM exec tells GigaOm. Meanwhile, EMC is said to be uninterested in SoftLayer - Reuters reported yesterday both EMC and IBM have been in talks to buy the company. Rackspace (unlike SoftLayer) is a major backer of the OpenStack cloud infrastructure platform, which IBM just threw its weight behind. The former exec notes IBM's historical preference to flesh out its product lines via M&A. "IBM does not want to fund its own development because past history shows we’re not very good at it."
From other sites
Video at CNBC.com (Aug 13, 2016)
Video at CNBC.com (Aug 5, 2016)
Video at CNBC.com (Jul 22, 2016)
Video at CNBC.com (Jul 21, 2016)
Video at CNBC.com (Jul 19, 2016)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs