Rackspace sells Cloud Sites unit to Liquid Web

 Rumors have been flying for over a week that Rackspace was for sale, but today instead of the whole kit and kaboodle, the company announced it was selling its Cloud Sites web hosting unit to Liquid Web. The fact that Liquid Web is itself a cloud web hosting company would seem to make the two a perfect match, allowing the company to expand its business through acquisition. The two… Read More