Rackspace Buys MongoDB DBaaS Start-Up

Rackspace has bought ObjectRocket, a year-old MongoDB Database-as-a-Service (DBaaS) start-up.
ObjectRocket’s open source MongoDB solution is supposed to broaden the Rackspace OpenStack cloud platform and expand Rackspace’s ability to help customers run Big Data in the cloud.
The acquisition closed Wednesday on undisclosed terms.
The 451 Group projects NoSQL software revenue growing at a CAGR of 82% to reach $215 million by 2015. Rackspace expects ObjectRocket to give it a “strong presence” in the high-growth NoSQL database market.
ObjectRocket’s software will be available in early March for Rackspace customers in its Chicago facility and will soon be integrated across Rackspace’s open cloud portfolio.

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