Rackspace® Managed Hosting has announced that it has acquired Blacksburg-based Webmail.us, the largest provider of business class email hosting with more than 600,000 business mailboxes under management. Together, Rackspace and Webmail.us will focus on providing a comprehensive mail platform and related services to companies of all sizes.

Rackspace's acquisition of Webmail.us highlights the company's investment to transform traditional IT functions into consumable services via the web. As more and more enterprises transition from purchasing in-house IT assets to leveraging service providers, Rackspace plans to offer a suite of hosted IT services that are more reliable and provide better value than traditional IT. Rackspace has already made a seamless expansion into the mail industry, which it views as the first step in giving businesses a chance to solve a persistent and growing challenge with a better solution.

More than $110,000 in clinical research grants have been awarded to six principal investigators at the Virginia-Maryland Regional College of Veterinary Medicine (VMRCVM) at Virginia Tech through the 2007-08 distribution of Veterinary Memorial Fund research grants.

A $1 million grant of Fujitsu technology and services to Virginia Tech's College of Engineering will assist in the college's creation of "digital opportunities" for underserved students, as well as pre-college students interested in studying math, science or engineering at Virginia Tech.