Rackspace Backing Away From Public Cloud, Says Reports

San Antonio-based Rackspace is backing away from the infrastructure-as-a-service (IaaS) market, and will instead focus on managed services--steering away from what has been a bloody battleground for public cloud services. Rackspace--whose OpenStack technology has been instrumental in the public cloud--apparently is not willing to fight the pricing war occurring between Amazon Web Services, Microsoft Azure, and Google.