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Rackspace<\/a> announced today it was purchasing TriCore<\/a>, giving it an enterprise applications management play to go along with its cloud management services.<\/p>\n The announcement comes just one day after the company announced it was bringing a new CEO onboard,<\/a> make it a busy week for the firm.<\/p>\n The companies did not share the terms of the deal, but Rackspace called it the largest acquisition in company history. To this point, it had acquired 8 companies, none since 2013 according to Crunchbase data<\/a>.<\/p>\n The move gives Rackspace the ability to not only manage a company\u2019s cloud services, but also move up the stack and begin managing complex applications from large enterprise software companies like Oracle or SAP, something Rackspace says customers have been asking for increasingly.<\/p>\n It also means that the company can move away from competing directly with public cloud providers, which is rapidly becoming a no-win proposition, Ted Chamberlin, an analyst for Gartner who covers cloud service providers told TechCrunch. Grabbing TriCore will give Rackspace access to new markets inside companies that don\u2019t compete directly with the big infrastructure vendors.<\/p>\n \u201cIt\u2019s evident that Rackspace, as well as most other IaaS providers, just can\u2019t compete with the scale, pricing and rapid product development of AWS, Azure and Google Cloud. TriCore helps them get to more on-premise workloads for mid-to-large enterprises, an area that Google and AWS won\u2019t touch,\u201d he explained.<\/p>\n It also could give\u00a0Rackspace deeper access inside large organizations beyond IT into business units. \u201cThey no longer are selling commoditized infrastructure capacity; they now can sell to the lines of businesses and support the core ERP applications like SAP, Oracle and JD Edwards that run entire companies,\u201d Chamberlin said.<\/p>\n TriCore, a Norwell, Massachusetts-based company has been around since 1999 and boasts over 500 employees. It appears TriCore will be for the most part continuing to operate on its own while working together with Rackspace on cross-sales opportunities where it makes sense.<\/p>\n TriCore brings with it 275 customers and can work with customers on any infrastructure whether in the public cloud, a private datacenter, TriCore\u2019s own datacenter or a co-location facility.<\/p>\n The deal is expected to close in June.<\/p>\n <\/p>\n Featured Image: Andrew Hyde<\/a>\/Flickr<\/a> UNDER A CC BY 2.0<\/a> LICENSE (IMAGE HAS BEEN MODIFIED)<\/small><\/p>\n Article source: http:\/\/feedproxy.google.com\/~r\/techcrunchIt\/~3\/pXnku0M68Bc\/<\/p>","protected":false},"excerpt":{"rendered":" Rackspace announced today it was purchasing TriCore, giving it an enterprise applications management play to go along with its cloud management services. The announcement comes just one day after the <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[19],"tags":[25],"class_list":["post-5716","post","type-post","status-publish","format-standard","hentry","category-enterprise-software","tag-enterprise"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t