Rackspace Acquires MongoDB DBaaS Provider ObjectRocketBy: Chris Crum - February 27, 2013
Rackspace announced today that it has entered an agrement to acquire Object Rocket, a MongoDB DBaaS provider.
A Rackspace spokesperson tells WebProNews, “Every web application requires a database to store customer behavior and other critical data. With this open source-based MongoDB solution, Rackspace will further its open cloud mission and broaden its product portfolio to offer customers a NoSQL database as a service and the ability to handle big data analytics. With this acquisition Rackspace will provide its open cloud customers with a fast and scalable MongoDB offering.”
Rackspace says that the acquisition will help it establish a strong presence within the NoSQL database market. The company points to a recent report from the 451 Group indicating that NoSQL software revenue is expected to reach $215 million by 2015.
Rackspace SVP of Corporate Development, Pat Matthews, said, “Databases are the core of any application and expertise in the most popular database technologies will be critical to us delivering Fanatical Support in the open cloud. As we look to expand our open cloud database offering into the MongoDB world, we are really excited to work with the entrepreneurs and engineers at ObjectRocket.”
ObjectRocket CEO Chris Lalonde added, “ObjectRocket is thrilled to join the Rackspace family. With Rackspace’s open cloud philosophy and our shared emphasis on providing the highest level of customer support, we feel this union is an ideal fit. Since the beginning, our focus has been on creating a DBaaS platform that would perform, scale and support critical workloads in a superior manner. Joining forces with Rackspace will enable us to achieve this goal, while delivering one of the most advanced MongoDB DBaaS solutions on the market.”
Rackspace’s ObjectRocket offering will be available in early March for Rackspace customers in its Chicago facility. It will soon be deeply integrated across Rackspace’s Open Cloud portfolio.
It will also continue to be sold as a standalone service.
The acquisition will close today. Terms were not disclosed.