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Wednesday, 10/10/2012 8:00:33 AM

Wednesday, October 10, 2012 8:00:33 AM

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07:03 EDT RAX, WMT Rackspace being used by Wal-Mart division, says William Blair
William Blair said its channel checks indicate Wal-Mart (WMT) is recruiting OpenStack engineers as it builds a global data analytics platform that will use OpenStack. William Blair believes the Wal-Mart division in charge of the project is using Rackspace (RAX), and thinks the opportunity can grow as the new platform is built out. The firm expects Rackspace management to comment on early OpenStack customer deployments when the company reports Q3 results in November and keeps an Outperform rating on the stock.
http://www.theflyonthewall.com/permalinks/entry.php/RAX;WMTid1716875/RAX;WMT-Rackspace-being-used-by-WalMart-division-says-William-Blair

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