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Rackspace Acquires Cloudkick for Cloud Server Management Apps
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Rackspace announced that it has acquired Cloudkick, which creates web apps for cloud-server management. 

Rackspace considers the move a way to better position itself in Silicon Valley, as Cloudkick was originally funded by Y Combinator, and its headquarters is in San Francisco, "making Cloudkick’s headquarters the latest outpost for delivering Fanatical Support and innovation in cloud computing," a representative for Rackspace tells WebProNews.