10 Biggest Cloud Computing Companies in the World

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Rackspace Hosting, Inc. (NYSE:RAX) is a major Cloud and Hosting company which has two lines of business: Cloud Servers and Dedicated Servers. In August 2016, Rackspace agreed to be bought by Apollo Global Management, LLC (NYSE: APO) for about $4.3 billion. Rackspace’s fourth quarter annualized cloud revenue totaled to $2.1 billion, up by 14% year over year.

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