Rackspace to acquire Singapore-based Just Analytics

Texas-based Rackspace Technology will acquire Just Analytics, a Singapore-based cloud-based data, analytics, and Artificial Intelligence (AI) services provider. The company, however, has not disclosed any amount regarding the acquisition.

The US-based cloud computing firm has also maintained that it won’t go for a name change of ‘Just Analytics’ -which it claims is known among the leaders and customers of Microsoft’s Azure Data Analytics division.

“The acquisition of Just Analytics ties into our growing professional services focus and brings market-leading Cloud-based data, analytics and AI capabilities that are in demand from our customers and prospects,” said Kevin Jones, CEO of Rackspace Technology.

‘Just Analytics’ is listed on Microsoft Azure Marketplace and automates the movement and transformation of any volume, variety, and velocity of data from a wide array of sources to data pipelines at scale for production, as mentioned by Rack Technologies in a statement. 

Hemanta Banerjee, Founder and Chief Architect for Just Analytics, said, “By combining our capabilities with the Rackspace Technology global presence, resources, and scale, we can shift our focus to solely growing our existing business while Rackspace Technology integrates business functions to help us grow.”