San Antonio-headquartered Rackspace Technology announced Tuesday that it will acquire Just Analytics, a Singapore-based provider of cloud-based data, analytics and artificial intelligences services.
Rackspace's Chief Executive Officer Kevin Jones said the acquisition of Just Analytics ties into the company's growing professional services focus and will bring new cloud-based data, analytics and AI capabilities to customers.
“In addition, we will benefit from the company’s strong regional ties (with Asia Pacific and Japan), talented employee base and natural evolution up the IT services stack," said Jones. "These benefits will provide a clear tie between our services and important customer business metrics.”
Natalie Silva, director of public relations for Rackspace, declined to disclose the price of the deal.
Rackspace Technology, founded in 1998, is an end-to-end multicloud technology services company that designs, builds and operates clouds on a wide swath of technology platforms.
Just Analytics, founded in 2011, is headquartered in Singapore with more than 100 employees across Singapore, Vietnam and India. It uses a proprietary data platform and cloud-based data and analytics services that help clients design scalable data pipelines and analyze data from operational functions for business end-users.
"By combining our capabilities with the Rackspace global presence, resources and scale, we can shift our focus to solely growing our existing business while (Rackspace) integrates business functions to help us grow," said Just Analytics founder and Chief Architect Hemanta Banerjee.
