Rackspace (RAX) to Acquire Mailgun

August 28, 2012 8:12 AM EDT
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.


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