Rackspace (RAX) to Acquire Mailgun
Get Alerts RAX Hot Sheet
Join SI Premium – FREE
Rackspace Hosting (NYSE: RAX) announced that it has entered into a definitive agreement to acquire Mailgun, Inc.. Rackspace believes the Mailgun acquisition will further enhance Rackspace’s product portfolio, making it easy to integrate cloud-based email services into applications and websites. The acquisition is expected to close this week.
Mailgun provides a set of APIs that allows users to send, receive, and track email easily from within their applications – without managing an email server or becoming an expert in email setup, operations and deliverability. The company is currently servicing customers such as 37Signals, Parse, Financial Times and many others.
Mailgun provides a set of APIs that allows users to send, receive, and track email easily from within their applications – without managing an email server or becoming an expert in email setup, operations and deliverability. The company is currently servicing customers such as 37Signals, Parse, Financial Times and many others.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- PayPal rallies 20% on report Stripe, Advent made $53 billion bid
- SST VI to acquire SSGT III in all-stock merger valued at $1.2B
- NextPlat to acquire northwest Florida pharmacy for $1.5 million
Create E-mail Alert Related Categories
Mergers and AcquisitionsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share