Will 2008 see more Cloud space IPOs, mergers and acquisitions in the days to come?

This could be tip of the iceberg. Going by Merill Lynch estimates – within the next 5 years the cloud computing market is going to grow to $95 billion!!! Who will have the lead in cloud computing space? What are the characteristic features of the killer product in cloud computing space? Someone who has these capabilities: 1.) Capabilities of process transactions on the scale of Amazon and eBay, 2.) GUI – have the eye-popping user experience of Apple and 3.) Gorilla – the presence of Microsoft.

Details on Rackspace IPO here, This is how RAX is faring at the Wall Street