Rackspace – First Cloud Computing Space IPO

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