August 16, 2011 — Drupal-based software developer Acquia announced on Tuesday that it has acquired Drupal migration service provider Cyrve and Drupal security firm Growing Venture Solutions. Terms of the acquisitions were not disclosed.

August 8, 2011 – -The last Business Development session of the day, “The Ins and outs of Mergers and Acquisitions” took on a relatively interactive structure.

Rackspace CEO Lanham Napier told Forbes that the company has no plans of selling (WEB HOST INDUSTRY REVIEW) — A Sunday post on the Forbes blog quotes Lanham Napier, CEO of hosting provider Rackspace ( www.rackspace.com ) as saying the company is “not for sale,” in the wake of some speculation around further consolidation in the hosting business. The interview was conducted last week, in the context of the recent acquisitions of Terremark, by Verizon, and of NaviSite, by Time Warner Cable, which accelerated the pace of consolidation in the data center and hosting market, and certainly fueled some speculation about further acquisitions, with Rackspace being one of the attractive operations in that market. With speculation related to a possible acquisition (though not to a specific rumor) driving Rackspace shares upward somewhat following those deals, a Kaufman Bros analyst lowered his rating on the company , warning that the shares, while still good, might be temporarily over-valued

Rackspace CEO Lanham Napier told Forbes that the company has no plans of selling (WEB HOST INDUSTRY REVIEW) — A Sunday post on the Forbes blog quotes Lanham Napier, CEO of hosting provider Rackspace ( www.rackspace.com ) as saying the company is “not for sale,” in the wake of some speculation around further consolidation in the hosting business. The interview was conducted last week, in the context of the recent acquisitions of Terremark, by Verizon, and of NaviSite, by Time Warner Cable, which accelerated the pace of consolidation in the data center and hosting market, and certainly fueled some speculation about further acquisitions, with Rackspace being one of the attractive operations in that market. With speculation related to a possible acquisition (though not to a specific rumor) driving Rackspace shares upward somewhat following those deals, a Kaufman Bros analyst lowered his rating on the company , warning that the shares, while still good, might be temporarily over-valued.

An image from Yahoo Finance, showing Rackspace’s stock performance over the last six months (WEB HOST INDUSTRY REVIEW) — In its fourth quarter earnings report, released this week, managed hosting provider Rackspace ( www.rackspace.com ) revealed that its chief financial officer Bruce Knooihuizen plans to retire, though he says he will stay with the company until a replacement has been found. The company said it would conduct an extensive internal and external search to replace the 55-year-old Knooihuizen, who joined the company as CFO in 2008. In its report for the period from October to December of 2010, Rackspace reported $13.5 million in earnings, or 10 cents per share, down from $30.2 million and 24 cents per share a year ago.

Iomart, the Scottish web-hosting and data storage company, has more than doubled its interim pre-tax profits on the back of what it described as shift in customer behaviour towards cloud computing networks. AIM-listed Iomart, which has its headquarters in Glasgow, also said it had grown both the “size and quality” of its customer base and said that it had experienced a “paradigm shift … to the cloud”

The pre-tax figure to the end of September hit £1.16 million, up from £517,000 the previous year as the company signalled it would continue to stalk potential takeover targets. At the operating level, the firm generated profits of £1.06m after making a £384,000 loss during the same period in 2009.