RackSpace has acquired RelationEdge - SalesForce Implementation Agency
Rackspace which is famous for its cloud hosting and infrastructure services has acquired RelationEdge which is a an agency who does custom Salesforce implementations. RelationEdge has team size of about 125 employees.
Rackspace has been pushing into SaaS application management space with this acquisition and diversify its offering to clients.
RelationEdge has built a good brand name for itself in the custom Salesforce solutions space and it will continue to run separately with fairly large amount of independence to leverage it.
RelationEdge had been able to build a strong name for itself organically and wanted bigger share of resources to stay on the growth path, hence the acquisition.
Terms of the deal were not disclosed.
Rackspace had previously acquired TriCore as its push towards enterprise application management.