Rackspace, a managed hosting provider, has acquired to companies that I use. I recently moved this site to Slicehost and now Slicehost is a subsidiary of Rackspace. Then I saw that Jungle Disk is also now a subsidiary of Rackspace.
Jungle Disk is an online storage and backup solution that’s cross-platform. Although I bought their software long ago I hadn’t been using it until I recently started testing version 2 of their software.
While press releases and and company comments about this type of thing are always positive there doesn’t appear to be any warning bells I should worry about. It appears to be business as usual but with greater ability to expand and integrate their services.