Rackspace announced that it has partnered with Hewlett Packard Enterprise (HPE) to launch the industry’s first Private Cloud-as-a-Service (PCaaS) powered by VMware, with pay per use infrastructure. This solution is an expansion of Rackspace’s industry-leading managed private cloud portfolio, designed to create the optimal platform for enterprise applications. The new offering will provide customers with utility-based services, where the cloud resources are located and managed from wherever they are needed: in the customer’s data center, a colocation facility, or in a data center managed by Rackspace.