Rackspace to slash workforce by 10%
Rackspace announced in a regulatory filing that approximately 10% of the company's workforce, mostly in the U.S., is expected to ...
Rackspace
All the latest news about Rackspace from the Cloud7 News. You can get the daily news for FREE by subscribing to our newsletter.
- Legal Name: Rackspace Technology, Inc.
- Website: www.rackspace.com
- Founded: 1998
- Founder(s): Richard Yoo, Pat Condon, Dirk Elmendorf
- Wikipedia: wikipedia.org/wiki/Rackspace_Technology
- Stock Symbol: NASDAQ: RXT
- People Also Search: Rackspace Technology, Rackspace Inc.
What is Rackspace?
Rackspace, a cloud security solutions vendor and managed cloud services provider for AWS, Azure, and Google Cloud, offers data modernization, cloud security solutions and cloud optimization. With its cloud native experts, Rackspace assesses, designs, builds, manages and optimizes cloud applications, data and security for native multicloud deployments.
Rackspace that launched in 1998, started to provide end-to-end customer service and branded it Fanatical Support. The company developed specialized expertise in technologies like Linux and Windows and network security. When Amazon launched the first big multi-tenant public cloud in 2006, Rackspace created a new market category, managed cloud. Today, Rackspace Technology is an important provider of expertise and managed services across all the major public and private cloud technologies.
Rackspace Technology was acquired by Apollo Global Management in 2016 and had filed official documents with the Securities and Exchange Commission proposing an initial public offering (IPO) of the IT service company’s common stock 4 years later. It first went public in 2008 and became a private company in a $4.3 billion deal with investors led by funds affiliated with Apollo Global Management.
This year, Rackspace Hosting has rebranded as Rackspace Technology to reflect its focus as a multi-cloud technology solutions provider. The company now focuses on cloud optimization, security, cloud-native enablement, and data modernization. Finally, Rackspace listed on the Nasdaq under the symbol RTX.
Recent Rackspace News
Rackspace introduces Rackspace DataOps
End-to-end, multi-cloud technology solutions company, Rackspace Technology launches Rackspace DataOps. Customers will be able to leverage process maturity, agile delivery, ...
Rackspace invests in Platform9
End-to-end multi-cloud technology solutions company, Rackspace announced that the company has made a strategic investment in a SaaS Managed Kubernetes ...
Rackspace launches Rackspace Elastic Engineering for modern cloud environments
Rackspace Technology launched their new service model designed to help customers build and operate modern cloud environments, Rackspace Elastic Engineering. ...
Rackspace recognized as Cloudflare’s Worldwide MSP Partner of the Year
Rackspace Technology has been recognized as Cloudflare’s Worldwide MSP Partner of the Year in honor of its growth and strong, ...
Rackspace to provide AWS solutions to European Researchers
End-to-end multi-cloud technology solutions company, Rackspace Technology has been selected by one of the world’s largest research and education networks, ...
Rackspace enables Plus500 to manage over 3 million trades
Multi-cloud solutions provider, Rackspace Technology is supporting Plus500’s multi-cloud environment, having migrated services to Google Cloud whilst managing the existing ...
Rackspace helps Relay42 delivering customer data events
Multicloud solutions provider, Rackspace Technology announced that its management of Relay42’s AWS IT infrastructure supports the AI-driven data business to ...
Rackspace Technology extends its VMware Multicloud Solutions
Rackspace Technology, an end-to-end multi-cloud technology solutions company, announced that it has expanded its managed services across VMware-based multi-cloud solutions. ...
Rackspace and M1 Finance accelerating fraud detection
Multicloud technology solutions company Rackspace announced that it brought expanded AWS capabilities to Chicago-based online financial services company, M1 Finance. ...
Rackspace supports gohenry’s global expansion with migration to GCP
Rackspace announced that the company has supported gohenry with its global growth plans by migrating its IT environment to Google ...
GitLab selects Rackspace
GitLab selects Rackspace, an end-to-end multi-cloud technology solutions company to drive fast application development on Google Cloud. GitLab announced that ...
Rackspace announced key development resulting from Pure Storage partnership
Rackspace announced that the Pure Storage collaboration solidified Rackspace as the largest global Managed Service Provider member of the Pure ...
Rackspace Technology to upgrade Central and North West London NHS Foundation Trust’s operations
Rackspace Technology announced the migration of Central and North West London NHS Foundation Trust (CNWL)’s IT services to a private ...
Rackspace improves Babbly infrastructure scalability and reliability
Rackspace Technology announced it has partnered with Babbly. With the partnership, Babbly will focus on making improvements to its application ...
Rackspace goes public again after 12 years
Rackspace Technology that was acquired by Apollo Global Management in 2016 has filed official documents with the Securities and Exchange ...
Rackspace announces new partnership with AWS
Rackspace and Amazon Web Services have collaborated to expand offerings globally as part of the Rackspace Technology service block catalog. ...
Rackspace renames itself along with new multicloud solutions
Rackspace Hosting, the San Antonio cloud computing company, renamed as Rackspace Technology to bring to market the company’s significant multi-cloud ...
Rackspace to open new office in Auckland
Managed cloud provider Rackspace expands in New Zealand with the opening of a new office in Auckland. Rackspace that has ...
The 7 best email hosting services
There are many online communication tools nowadays but when it comes to corporate email communications, email is still the best ...
Rackspace wins VMware 2020 Global Partner of the Year Award
Rackspace was recognized by VMware for positively impacting the world through the use of VMware technologies. The VMware Partner of ...
