Cox Business, the commercial division of Cox Communications – a broadband communications and entertainment company, has acquired RapidScale – a managed and hybrid managed cloud services provider that delivers secured and reliable cloud solutions to businesses of all sizes. Financial terms of the deal were not disclosed.
The acquisition would immediately enhance Cox Business’ managed services portfolio by combining transport and connectivity with RapidScale’s managed and hybrid managed cloud services offerings. As a global managed cloud services provider, RapidScale would enable businesses to simplify their IT operations and benefit from enterprise-grade technology with a suite of cloud solutions and services.
RapidScale’s managed cloud solutions include desktop, server, mail, backup, and recovery.
“Businesses today need a true technology partner to deliver innovation that helps them transform operations, better engage with customers and remain competitive,” said Steve Rowley, executive vice president of Cox Business. “Adding RapidScale to the Cox family grows our business in a strategic manner by improving our cloud platform and enhances our value to business customers, regardless of size or vertical market.”
Cox and RapidScale
Cox was one of the first U.S. cable operators to provide telecom services for businesses, starting in 1993, and has grown this segment to more than $2 billion in annual revenue. The Cox Business portfolio has been expanded beyond core business telecom offerings with several recent strategic investments, acquisitions and new capabilities including Blueprint RF, Unite Private Networks, Trapollo, Hospitality Network and Cox Business Security Solutions.
“Joining Cox is an opportunity to continue to innovate and expand our existing products meet businesses IT needs both today and, in the future,” said Randy Jeter, co-founder and chief executive officer (CEO) of RapidScale. “Cox and RapidScale share a commitment to delivering leading technologies with second-to-none customer service.”
RapidScale has recently been honored with several awards and recognitions, including CRN’s 2018 Coolest Cloud Vendor list, Silicon Review Magazine’s 50 Best Workplaces of the Year 2017, CRN’s 2017 Next-Gen 250 list, and 2016 Citrix Top Innovator for Enablement and Growth.