Revision as of 13:38, 28 May 2014 editMikeblas (talk | contribs)Administrators80,095 editsm remove spurious character← Previous edit | Latest revision as of 17:09, 4 December 2024 edit undoSaintpats (talk | contribs)113 edits →HistoryTag: Visual edit | ||
(298 intermediate revisions by more than 100 users not shown) | |||
Line 1: | Line 1: | ||
{{Short description|American managed cloud computing company}} | |||
{{Use mdy dates|date=February 2024}} | |||
{{Infobox company | {{Infobox company | ||
| name |
| name = Rackspace Technology, Inc. | ||
| logo |
| logo = Rackspace Technology.svg | ||
| logo_size = 250px | |||
| type = ] | |||
| type = ] | |||
| traded_as = {{NYSE|RAX}} | |||
| traded_as = {{ubl|{{NASDAQ|RXT}} }} | |||
| foundation = 1998 | |||
| founded = {{start date and age|1998}} | |||
| location = 1 Fanatical Place<br />City of Windcrest<br />San Antonio, TX 78218 | |||
| location = ], U.S. | |||
| key_people = ], Dirk Elmendorf, Patrick Condon, Co-Founders<br />Graham Weston, Executive Chairman & CEO<br />Taylor Rhodes, President | |||
| key_people = Amar Maletira (])<ref>{{Cite news|url=https://www.rackspace.com/newsroom/amar-maletira-named-chief-executive-officer-rackspace-technology|title=Amar Maletira Named Chief Executive Officer}}</ref> | |||
| industry = ] | |||
| industry = ] | |||
| homepage = {{URL|http://www.rackspace.com/}} | |||
| services = ] | |||
| revenue = {{increase}} $1.535 billion (2013)<ref name="ir.rackspace.com">http://ir.rackspace.com/phoenix.zhtml?c=221673&p=irol-sec</ref> | |||
| |
| revenue = {{decrease}} {{US$|2.957 billion|link=yes}} (2023) | ||
| |
| operating_income = {{decrease}} {{US$|-899.4 million}} (2023) | ||
| net_income = {{nowrap|{{decrease}} {{US$|-848.9 million}} (2023)}} | |||
| assets = {{increase}} $1.485 billion (2013)<ref name="ir.rackspace.com"/> | |||
| |
| assets = {{decrease}} US${{!}}$4.096 billion (2023) | ||
| equity = {{decrease}} US${{!}}-154.5 million (2023) | |||
| num_employees = 5,800 (2023) | |||
| website = {{URL|rackspace.com}} | |||
| footnotes = <ref>{{cite web |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1810019/000181001922000036/rxt-20211231.htm |title=Rackspace Technology, Inc. 2021 Annual Report (Form 10-K) |date=March 1, 2022 |publisher=]}}</ref> | |||
}} | }} | ||
'''Rackspace Technology, Inc.''' is an American ] company based in ]. It also has offices in ], ] and ], as well as in Australia, Canada, United Kingdom, India, Dubai, Switzerland, the Netherlands,<ref>{{cite web|url=http://www.rackspace.com/information/aboutus.php|title=rackspace.com – About Us|access-date=August 13, 2007|archive-date=August 18, 2007|archive-url=https://web.archive.org/web/20070818055011/http://www.rackspace.com/information/aboutus.php|url-status=dead}}</ref> Germany, Singapore, Mexico and Hong Kong. Its data centers are located in<ref name="Rackspace Data Center Locations">{{cite web|title=Rackspace Data Center Locations|url=https://www.rackspace.com/en-gb/about/datacenters|publisher=Rackspace}}</ref> ] (Netherlands), Virginia (USA), Chicago (USA), Dallas (USA), London (UK), ] (Germany),] (China), Kansas City (USA), New York City (USA), ] (USA), ] (China), ] (Singapore) and Sydney (Australia). | |||
'''Rackspace Inc.''' is an IT hosting company based in ], USA, a ] of ], ]. The company also has offices in ], the ], ], ],<ref>{{cite web|url=http://www.theregister.co.uk/2013/10/25/rackspace_openvm_acquisition/|title=Rackspace goes to Israel, picks up slick new weapon for cloud wars|date=2013-10-25|first1=Jack|last1=Clark|website=theregister.co.uk|publisher=]}}</ref><ref name="timesofisrael.com">{{cite web|url=http://www.timesofisrael.com/rackspace-buys-out-israeli-cloud-tech-start-up/|title=http://www.timesofisrael.com/rackspace-buys-out-israeli-cloud-tech-start-up/|first1=David|last1=Shamah|date=2013-11-01|website=timesofisrael.com|publisher=}}</ref> ],<ref>{{cite web|url=http://www.rackspace.com/information/aboutus.php|title=rackspace.com – About Us|accessdate=2007-08-13}}</ref> ],<ref>http://www.rackspace.co.uk/about-us/contact-us</ref> and ], and data centers operating in ], ], ], the ], ], and ]. The company's email and apps division operates from ], ]; other offices are located in ] and ], ]. | |||
== History == | == History == | ||
] | |||
Rackspace was launched in October 1998 with Richard Yoo as its ]. Although most hosting companies focused on the technology end of hosting, Rackspace created its "Fanatical Support" offering to focus on service and support.<ref>{{cite web|url=http://www.hostsearch.com/interview/rackspace_managed_hosting_interview_october_2004.asp|title=Web Hosting Interview – Rackspace Managed Hosting|access-date=August 13, 2007}}</ref> On March 28, 2000, Rackspace received funding through lead investor ] and ]. George J. Still, Jr.,<ref>{{Cite web|last=MarketScreener|title=George J. Still - Biography|url=https://www.marketscreener.com/business-leaders/George-Still-05GFTZ-E/biography/|access-date=June 5, 2020|website=www.marketscreener.com|language=en}}</ref> Managing Partner at Norwest, subsequently joined the Board of Directors.<ref>{{cite web|url=http://sec.edgar-online.com/2000/05/19/11/0000912057-00-025595/Section2.asp|title=Edgar Online S-1A Filing|access-date=November 13, 2007|url-status=dead|archive-url=https://web.archive.org/web/20090205165209/http://sec.edgar-online.com/2000/05/19/11/0000912057-00-025595/Section2.asp|archive-date=February 5, 2009}}</ref> | |||
In 1996, ] started a small ] called Cymitar Network Systems out of his garage apartment in San Antonio, Texas. The company began doing application development work in addition to offering basic Internet access and ]. In 1997, Yoo brought on Dirk Elmendorf. When the company began to develop Internet applications as its primary business, the company was re-formed as Cymitar Technology Group. As Cymitar Technology Group grew, Patrick Condon was recruited from ] and joined the team in 1998. Coincidentally, all three of the company's founders were students at one time at ] in San Antonio. | |||
] | |||
Although the founders began as application developers for end-users, they found that most companies did not know how to host their applications, or did not want to be involved in the hosting. The founders wanted to keep their focus on the application development–not the hosting–but they were unable to find an opportunity to outsource the hosting work. Eventually, the founders realized that it would be better to create a product to serve the hosting need and launch it as a company. Rackspace was launched in October 1998 with Richard Yoo as its ]. Although most hosting companies focused on the technology end of hosting, Rackspace created its "Fanatical Support" offering to focus on service and support.<ref>{{cite web|url=http://www.hostsearch.com/interview/rackspace_managed_hosting_interview_october_2004.asp|title=Web Hosting Interview – Rackspace Managed Hosting|accessdate=2007-08-13}}</ref> On March 28, 2000, Rackspace received funding through ] and ]. George J. Still, Jr., Managing Partner at Norwest, subsequently joined the Board of Directors.<ref>{{cite web|url=http://sec.edgar-online.com/2000/05/19/11/0000912057-00-025595/Section2.asp|title=Edgar Online S-1A Filing|accessdate=2007-11-13}}</ref> | |||
In 2008, Rackspace moved its headquarters to the then-unoccupied ] in ]. Rackspace's Chairman, Graham Weston, owned the ] building in the mall until 2006 when it was sold to a developer<ref>{{cite web|url=http://www.mysanantonio.com/business/stories/MYSA080207.rackspace.EN.d699cdf1.html|title=San Antonio approves boundary change for Rackspace|access-date=August 13, 2007|url-status=dead|archive-url=https://web.archive.org/web/20070811220750/http://www.mysanantonio.com/business/stories/MYSA080207.rackspace.EN.d699cdf1.html|archive-date=August 11, 2007}}</ref> | |||
On August 8, 2008, Rackspace opened for trading on the New York Stock Exchange under the ticker symbol "RAX" after its ] (IPO) in which it raised $187.5 million.<ref>{{cite web |url=http://www.networkworld.com/news/2008/080808-rackspace-ipo-needed-to-cope.html |title=Rackspace IPO needed to cope with fast growth |publisher=Networkworld.com |date=August 8, 2008 |access-date=June 27, 2013 |url-status=dead |archive-url=https://web.archive.org/web/20130603041351/http://www.networkworld.com/news/2008/080808-rackspace-ipo-needed-to-cope.html |archive-date=June 3, 2013 }}</ref> The initial public offering included 15,000,000 shares of its common stock at a price of $12.50 per share.<ref>{{cite web|url=http://www.sequoiacap.com/news/rackspace-prices-initial-public-offering/|title=Initial Public Offering – Press Release}}</ref> The IPO did not do well in the public market and lost about 20% of its initial price almost immediately.<ref>{{cite web|url=http://bigtech.blogs.fortune.cnn.com/2008/08/08/rackspace-ipo-tanks/|title=Rackspace IPO tanks}}</ref> | |||
== Business model == | |||
At around 3:45 PM ] December 18, 2009, Rackspace experienced an outage for customers using their ] data center – including those of Rackspace Cloud.<ref>{{cite web|url=https://techcrunch.com/2009/12/18/rackspace-down/|title=Rackspace Goes Down. Again. Takes The Internet With It. Again.|date=December 18, 2009 |access-date=December 18, 2009}}</ref> | |||
Rackspace has two main service-level segments: Managed and Intensive. Both service levels receive support via e-mail, telephone, live chat, and ticket systems, but they are designed to fit the needs of different businesses. | |||
On September 8, 2010, Rackspace received national attention when they decided to discontinue providing ] to one of their customers, ].<ref>{{cite journal|url=http://www.csmonitor.com/Innovation/Horizons/2010/0910/Dove-World-Terry-Jones-site-pulled-down-by-Web-hosting-company|title=Dove World, Terry Jones site pulled down by Web hosting company|journal=Christian Science Monitor |date=September 10, 2010 }}</ref> This was in reaction to Dove World's pastor ]' plan to burn several copies of the ] on the anniversary of the ]. Rackspace claims that this violated their company policy. This move came under criticism, notably from Terry Jones himself, who described it as an "indirect attack on our ]." Others{{Who|date=January 2022}} questioned the appropriateness of Rackspace's action, stating that there is "absolutely no reason for web hosts to have an editorial policy, and this only gives Jones more attention and makes him look more persecuted."<ref>{{cite news|url=http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/09/09/businessinsider-koran-burning-church-gets-its-website-taken-down-by-rackspace-2010-9.DTL#ixzz0z4KCbyjf%20%20|title=San Francisco Chronicle | first=Nick | last=Saint | date=September 9, 2010}}</ref> | |||
The '''Managed''' support level consists of "on-demand" support where proactive services are provided, but the customer can contact Rackspace when they need additional assistance. | |||
In August 2016, it was confirmed that the American ], ], had reached an agreement to buy the company for $4.3 billion.<ref>{{cite news|last1=Medhora|first1=Narottam|title=Apollo Global to buy Rackspace Hosting in $4.3 billion deal|url=http://uk.reuters.com/article/us-rackspace-m-a-apollo-idUKKCN1111JK|archive-url=https://web.archive.org/web/20160826133137/http://uk.reuters.com/article/us-rackspace-m-a-apollo-idUKKCN1111JK|url-status=dead|archive-date=August 26, 2016|access-date=August 26, 2016|work=Reuters|date=August 26, 2016}}</ref> The sale was completed in November 2016 and Rackspace officially ended trading on the ] on November 3, 2016.<ref>{{Cite news|url=http://www.expressnews.com/business/local/article/It-s-official-Rackspace-exiting-New-York-Stock-10591228.php|title=It's official: Rackspace exiting New York Stock Exchange|last=Brezosky|first=Lynn|date=November 3, 2016|access-date=November 3, 2016}}</ref> | |||
The '''Intensive''' support level consists of "proactive" support where many proactive services are provided, and customers receive additional consultations about their server configuration. Highly customized implementations generally fall under this level of support. | |||
In May 2017, CEO Taylor Rhodes announced he was leaving the company, and was replaced by Joe Eazor.<ref>{{Cite news|url=http://www.mysanantonio.com/business/local/article/Rackspace-CEO-Rhodes-leaving-the-company-11118048.php|title=Rackspace CEO Rhodes resigns 6 months after sale|work=San Antonio Express-News|access-date=May 4, 2017}}</ref><ref>{{Cite web|url=https://www.theregister.co.uk/2017/05/25/rackspace_hires_joe_eazor_as_ceo/|title=Rackspace demotes a CEO to hire a CEO to replace CEO who quit|last=at 03:01|first=Simon Sharwood May 25, 2017|website=www.theregister.co.uk|language=en|access-date=May 1, 2019}}</ref>Eazor was replaced in 2019 by Kevin Jones. | |||
Some services and products are only available for certain support levels.<ref>{{cite web|url=http://www.rackspace.com/managed_hosting/support/servicelevels/comparison.php|title=Managed and Intensive Service Levels|accessdate=2011-01-12}}</ref> | |||
In June 2020 it changed its name to Rackspace Technology.<ref>{{cite web|title=Rackspace changes name in preparation for public markets|url=https://www.bizjournals.com/sanantonio/news/2020/06/08/rackspace-adds-technology-to-its-name.html|access-date=June 10, 2020|website=www.bizjournals.com}}</ref><ref>{{cite web|first1=Joseph|last1=Tsidulko|access-date=June 10, 2020|title=Rebranded Rackspace Ready To Conquer Multi-Cloud|url=https://www.crn.com/news/cloud/rebranded-rackspace-ready-to-conquer-multi-cloud|date=June 9, 2020|website=CRN}}</ref> | |||
== Involvement with other companies == | |||
Rackspace launched ] in San Antonio in January 2003 as a lower-cost alternative for dedicated servers designed for technology hobbyists who want flexibility and reliability. Richard Yoo was a catalyst in the startup of ServerBeach. A bandwidth and colocation provider, ] Hosting, purchased ServerBeach in October 2004 for $7.5 Million.<ref>{{cite web|url=http://news.netcraft.com/archives/2004/10/06/peer_1_buys_serverbeach_for_75_million.html|title=Peer 1 Buys ServerBeach for $7.5 Million|accessdate=2007-08-13}}</ref> Peer 1 Hosting entered the UK managed hosting market in January 2009 and the ServerBeach brand now competes directly with the UK arm of Rackspace, run by Dominic Monkhouse, former managing director of Rackspace Limited.<ref>{{cite web|url=http://markets.hpcwire.com/jobbank/?GUID=8664941&Page=MediaViewer&Ticker=PIX|title=Peer 1 & ServerBeach enter UK market with ex-Rackspace MD}}</ref> | |||
In August 2020 Rackspace Technology opened for trading on the ] under the ] "RXT" after its ] (IPO). The Initial public offering of 33,500,000 shares of its common stock at an initial public offering price of $21.00 per share.<ref>{{Cite press release |url=https://www.nasdaq.com/press-release/rackspace-technology-announces-pricing-of-initial-public-offering-2020-08-04 |url-status=live |archive-date=October 7, 2022 |archive-url=https://web.archive.org/web/20221007012725/https://www.nasdaq.com/press-release/rackspace-technology-announces-pricing-of-initial-public-offering-2020-08-04 |date=August 4, 2020 |website=] |language=en |access-date=August 10, 2023 |title=Rackspace Technology Announces Pricing of Initial Public Offering}}</ref> | |||
In October 2006, Mosso Inc. was launched, which experimented with white-labeling<!-- what is that? --> hosting services.<ref>{{cite web|url=http://www.rackspace.com/information/mediacenter/release.php?id=130|title=Mosso Leverages Utility Computing to Provide Complete Hosting Solution for Web Professionals |accessdate=2007-08-13}}</ref> Eventually, the division became the foundation for the ] Computing offering. | |||
In September 2022 the company named Amar Maletira as its new CEO.<ref>{{Cite web|url=https://www.rackspace.com/newsroom/amar-maletira-named-chief-executive-officer-rackspace-technology|title=Amar Maletira Named Chief Executive Officer|website=www.rackspace.com|access-date=September 22, 2022}}</ref> | |||
On October 1, 2007, Rackspace acquired Webmail.us, a private e-mail hosting firm located in Blacksburg, VA. Originally branded as Mailtrust on May 20, 2009, it became part of the newly formed Email and Apps division of Rackspace. | |||
In December 2022 Rackspace suffered a major service outage which affected all their hosted Exchange users<ref>{{cite web | url=https://www.theregister.com/2022/12/05/rackspace_hosted_exchange_security_update/ | title=Rackspace email outage continues as migrations prove hard }}</ref> (customers who bought email services from Rackspace that involved instances of ] hosted on Rackspace's servers). After initial investigation Rackspace declared the incident a 'security incident' and said it had powered down its servers to protect customer data which some commentators speculated might be indicative of a ] incident, a theory that was lent further credence by Rackspace's decision to recommend that customers migrate to ] rather than wait to have their Exchange-based solutions restored. On Monday December 5, 2022, the first full day of trading after the incident (which started on the previous Friday), Rackspace's shares were down as much as 16% ($0.75).<ref>{{Cite news|url=https://www.expressnews.com/business/article/Rackspace-email-service-outage-17632315.php|title=Rackspace email service outage|newspaper=San Antonio Express-News |date=December 5, 2022 |last1=Iszler |first1=By Madison }}</ref> | |||
On October 22, 2008, Rackspace acquired Slicehost, a provider of ]<ref>{{cite web|url=http://www.slicehost.com/articles/2008/10/22/big-news-today|title=Slicehost Acquired By Rackspace |accessdate=2011-01-12}}</ref> and Jungle Disk, a provider of ].<ref>{{cite web|url=http://blog.jungledisk.com/2008/10/22/jungle-disk-announcement/|title=Jungle Disk Acquired By Rackspace |accessdate=2011-01-12}}</ref> | |||
A class action lawsuit against Rackspace Technology, Inc. was filed on December 12, 2022, by Cole & Van Note for tens of thousands of businesses who lost access to their emails and services due to ransomware users. Stephenson, et al. v. Rackspace Technology, Inc.<ref>{{Cite web |date=December 6, 2022 |title=Cole & Van Note Announces Filing of Rackspace Ransomware/Data Breach Class Action |url=https://www.morningstar.com/news/business-wire/20221206006074/cole-van-note-announces-filing-of-rackspace-ransomwaredata-breach-class-action |access-date=January 18, 2023 |website=Morningstar, Inc. |language=en}}</ref> This class action was dismissed by the judge in San Antonio in May, 2023. <ref>{{Cite web |date=2023-05-22 |title=Judge Throws Out Ransomware Class-Action Suit Against Rackspace - |url=https://www.channele2e.com/news/judge-throws-out-proposed-class-action-suit-against-rackspace |access-date=2024-08-02 |website=ChannelE2E |language=en}}</ref> | |||
== Expansion into the Asia Pacific Region == | |||
In January 2024, Rackspace moved its San Antonio Global Headquarters from Windcrest (]) to the RidgeWood Plaza II office building, located in north-central San Antonio. <ref>{{Cite web |last=Biediger |first=Shari |date=2023-09-29 |title=Windcrest deal could turn Rackspace HQ into industrial complex |url=http://sanantonioreport.org/windcrest-deal-former-mall-rackspace-castle-industrial-complex/ |access-date=2024-08-02 |website=San Antonio Report |language=en-US}}</ref> | |||
The company is experiencing growth in the Asian marketplace. The Asian office is a natural step in Rackspace's expansion outside the U.S. and ] to cater for worldwide customers’ needs in ] / ]. Rackspace selected Hong Kong as the Asia Pacific regional office in part because of its reputation within the global business economy, its ], multiple telecommunication providers and rich talent pool. Rackspace also solicited feedback from its current customer base in the ] region, and the majority of those respondents confirmed their preference for doing business in Hong Kong. | |||
== |
== Acquisitions == | ||
In 2008, Rackspace moved their headquarters from a building once occupied by ] to the then-unoccupied ] in ]. Rackspace's Chairman, Graham Weston, owned the Montgomery Ward building in the mall until 2006, when it was sold to a developer. The city of Windcrest purchased {{convert|111|acre|km2}} south of the mall to create a residential and retail complex.<ref>{{cite web|url=http://www.mysanantonio.com/business/stories/MYSA080207.rackspace.EN.d699cdf1.html|title=San Antonio approves boundary change for Rackspace|accessdate=2007-08-13}}</ref> The facility is located next to Roosevelt High School, and many Roosevelt students intern at Rackspace. | |||
On September 13, 2007, Rackspace announced it has acquired email hosting provider Webmail.us, based in Blacksburg, Virginia.<ref>{{cite web|url=https://readwrite.com/2007/10/01/webmailus_acquired_by_rackspace/|title=Rackspace Acquires JungleDisk, Slicehost To Take On Amazon Services|last1=Macmanus|first1=Richard|website=ReadWriteWeb|date=October 2007 |access-date=October 1, 2007|ref=43}}</ref> | |||
The ]'s "Top 100 Best Companies to Work For 2008" placed Rackspace as #32 the first year that Rackspace applied for consideration. The company was praised for its transparency. Regular "Open Book" meetings are held where the top level leaders share in-depth financial information with all employees.<ref>{{cite news|url=http://money.cnn.com/magazines/fortune/bestcompanies/2008/snapshots/32.html|title=Fortune Magazine: 100 Best Companies to Work for 2008 | work=CNN}}</ref> In 2011 and 2013, the company was named as one of the top 100 places to work by Fortune.<ref>{{cite news|url=http://money.cnn.com/magazines/fortune/bestcompanies/2011/snapshots/92.html|title=Fortune Magazine | work=CNN}}</ref><ref>{{cite web|url=http://money.cnn.com/magazines/fortune/best-companies/2013/list/?iid=bc_sp_full |title=Best Companies to Work For 2013: Full List – Fortune |publisher=Money.cnn.com |date=2013-01-17 |accessdate=2013-06-27}}</ref> | |||
On October 22, 2008, Rackspace announced it was purchasing ] provider ] and VPS provider SliceHost.<ref>{{cite web|url=https://techcrunch.com/2008/10/22/rackspace-acquires-jungledisk-slicehost-to-take-on-amazon-web-services/|title=Webmail.us Acquired by Rackspace – Subscription Model Does Work|last1=Kincaid|first1=Jason|website=TechCrunch|date=October 22, 2008 |access-date=March 19, 2019|ref=43}}</ref> | |||
On August 8, 2008, Rackspace opened for trading on the New York Stock Exchange under the ticker symbol "RAX" after its ] (IPO) in which it raised $187.5 million.<ref>{{cite web|url=http://www.networkworld.com/news/2008/080808-rackspace-ipo-needed-to-cope.html |title=Rackspace IPO needed to cope with fast growth |publisher=Networkworld.com |date=2008-08-08 |accessdate=2013-06-27}}</ref> The initial public offering included 15,000,000 shares of its common stock at a price of $12.50 per share.<ref>{{cite web|url=http://www.sequoiacap.com/news/rackspace-prices-initial-public-offering/|title=Initial Public Offering – Press Release}}</ref> The IPO did not do well in the public market and lost about 20% of its initial price almost immediately.<ref>{{cite web|url=http://bigtech.blogs.fortune.cnn.com/2008/08/08/rackspace-ipo-tanks/|title=Rackspace IPO tanks}}</ref> | |||
On February 16, 2012, Rackspace acquired SharePoint911, a ] consulting company based in ].<ref>{{cite news|url=https://blogs.wsj.com/venturecapital/2012/02/16/rackspace-buys-up-sharepoint911-to-gird-for-cloud-fight/?KEYWORDS=rackspace|title=Rackspace Buys Up SharePoint911 To Gird For Cloud Fight|newspaper=Wall Street Journal |date=February 16, 2012 |last1=Gage |first1=Deborah }}</ref> | |||
At around 3:45PM CST December 18, 2009, Rackspace went down. Rackspace experienced an outage for customers using their ] data center – including those of Rackspace Cloud, again. This time, many high profile sites decided to make alternate plans at other hosting companies to avoid future problems.<ref>{{cite web|url=http://www.techcrunch.com/2009/12/18/rackspace-down/|title=Rackspace Goes Down. Again. Takes The Internet With It. Again.|accessdate=2009-12-18}}</ref> | |||
On May 25, 2017, Rackspace announced an agreement to acquire TriCore Solutions.<ref name="Rackspace Announces Agreement to Acquire TriCore Solutions">{{cite web|title=Rackspace Announces Agreement to Acquire TriCore Solutions|url=https://blog.rackspace.com/rackspace-announces-agreement-acquire-tricore-solutions|publisher=Rackspace}}</ref> | |||
On September 8, 2010, Rackspace received national attention when they decided to discontinue providing web hosting service to one of their customers, ].<ref>{{cite web|url=http://www.csmonitor.com/Innovation/Horizons/2010/0910/Dove-World-Terry-Jones-site-pulled-down-by-Web-hosting-company|title=Dove World, Terry Jones site pulled down by Web hosting company}}</ref> This was in reaction to Dove World's pastor ]' plan to burn several copies of the ] on the anniversary of the September 11th attacks. Rackspace claims that this violated their company policy. This move came under criticism, notably from Terry Jones himself, who described it as an "indirect attack on our freedom of speech." Others questioned the appropriateness of Rackspace's action, stating that there is "absolutely no reason for web hosts to have an editorial policy, and this only gives Jones more attention, and makes him look more persecuted."<ref>{{cite news|url=http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/09/09/businessinsider-koran-burning-church-gets-its-website-taken-down-by-rackspace-2010-9.DTL#ixzz0z4KCbyjf%20%20|title=San Francisco Chronicle | work=The San Francisco Chronicle | first=Nick | last=Saint | date=September 9, 2010}}</ref> | |||
On |
On September 11, 2017, Rackspace announced plans to acquire ].<ref name="Rackspace Announces Agreement to Acquire Datapipe">{{cite web|url=https://blog.rackspace.com/rackspace-announces-agreement-acquire-datapipe|title=Rackspace Announces Agreement to Acquire Datapipe|publisher=Rackspace}}</ref> | ||
On September 17, 2018, Rackspace announced it had acquired RelationEdge.<ref>{{cite web|url=https://blog.rackspace.com/rackspace-acquires-relationedge-to-broaden-application-services-portfolio|title=Rackspace Acquires RelationEdge to Broaden Application Services|publisher=Rackspace}}</ref> | |||
On May 26, 2013, Author ]'s book 'The UnStoppables', which was inspired by the culture at Rackspace, became a ] bestseller.<ref>. Nytimes.com (2013-05-26). Retrieved on 2013-08-09.</ref> | |||
On November 4, 2019, Rackspace announced plans to acquire Onica.<ref name="Rackspace Announces Agreement to Acquire Onica">{{cite press release|title=Rackspace to Acquire Onica a Cloud Native Consulting and Managed Services Company|date=November 4, 2019 |url=http://www.globenewswire.com/news-release/2019/11/04/1940334/0/en/Rackspace-to-Acquire-Onica-a-Cloud-Native-Consulting-and-Managed-Services-Company.html|publisher=GlobeNewsWire}}</ref> | |||
On May 15, 2014, Rackspace hires ] to evaluate strategic options including selling or teaming up with other technology companies. <ref>{{cite web|url=http://www.bloomberg.com/news/2014-05-15/rackspace-hires-morgan-stanley-to-evaluate-options.html|title=Rackspace hires Morgan Stanley}}</ref> | |||
Other acquisitions include ], Anso Labs, Mailgun,<ref>{{cite web|url=http://www.cdn-advisor.com/rackspace-to-improve-cloud-based-email-services-by-acquiring-mailgun-inc/|title=Rackspace to Improve Cloud-Based Email Services by Acquiring Mailgun Inc.}}</ref> ],<ref>{{cite web|url=http://www.cdn-advisor.com/objectrocket-acquired-by-rackspace/|title=ObjectRocket Acquired by Rackspace}}</ref> Exceptional Cloud Services, and ]. | |||
== Acquisitions == | |||
On October 22, 2008, Rackspace announced it was purchasing ] provider ] and VPS provider SliceHost. | |||
On January 18, 2022, Rackspace announced it had acquired the ]-headquartered cloud-based data, analytics and AI company, Just Analytics.<ref>{{Cite web|title=Rackspace fortifies APAC footprint with new acquisition|url=https://www.itpro.co.uk/cloud/cloud-computing/362015/rackspace-fortifies-apac-footprint-with-new-acquisition|access-date=January 19, 2022|website=IT PRO|date=January 19, 2022 |language=en}}</ref><ref>{{Cite web|title=Rackspace Technology, Inc. {{!}} Rackspace Technology to Acquire Just Analytics, a Leading Provider of Cloud-based Data, Analytics, and Artificial Intelligence Services|url=https://ir.rackspace.com/news-releases/news-release-details/rackspace-technology-acquire-just-analytics-leading-provider/|access-date=January 19, 2022|website=ir.rackspace.com|language=en}}</ref> | |||
On February 16, 2012, Rackspace acquired SharePoint911, a ] consulting company based in ].<ref>{{cite web|url=http://blogs.wsj.com/venturecapital/2012/02/16/rackspace-buys-up-sharepoint911-to-gird-for-cloud-fight/?KEYWORDS=rackspace|title=Rackspace Buys Up SharePoint911 To Gird For Cloud Fight}}</ref> | |||
== Involvement with other companies == | |||
Other acquisitions include: ], Anso Labs, Mailgun,<ref>{{cite web|url=http://www.cdn-advisor.com/rackspace-to-improve-cloud-based-email-services-by-acquiring-mailgun-inc/|title=Rackspace to Improve Cloud-Based Email Services by Acquiring Mailgun Inc.}}</ref> ObjectRocket,<ref>{{cite web|url=http://www.cdn-advisor.com/objectrocket-acquired-by-rackspace/|title=ObjectRocket Acquired by Rackspace}}</ref> Exceptional Cloud Services, and ].<ref name="timesofisrael.com"/> | |||
Rackspace launched ] in San Antonio in January 2003 as a lower-cost alternative for dedicated servers designed for technology hobbyists who want flexibility and reliability. Richard Yoo was a catalyst in the startup of ServerBeach. A bandwidth and colocation provider, ] Hosting now known as ], purchased ServerBeach in October 2004 for $7.5 Million.<ref>{{cite web|url=http://news.netcraft.com/archives/2004/10/06/peer_1_buys_serverbeach_for_75_million.html|title=Peer 1 Buys ServerBeach for $7.5 Million|date=October 6, 2004 |access-date=August 13, 2007}}</ref> Peer 1 Hosting entered the UK managed hosting market in January 2009 and the ServerBeach brand now competes directly with the UK arm of Rackspace, run by Dominic Monkhouse, former managing director of Rackspace Limited.<ref>{{cite web|url=http://markets.hpcwire.com/jobbank/?GUID=8664941&Page=MediaViewer&Ticker=PIX|title=Peer 1 & ServerBeach enter UK market with ex-Rackspace MD}}</ref> | |||
In October 2006, Mosso Inc. was launched, which experimented with ]<!-- what is that? --> hosting services.<ref>{{cite web|url=http://www.rackspace.com/information/mediacenter/release.php?id=130|title=Mosso Leverages Utility Computing to Provide Complete Hosting Solution for Web Professionals |access-date=August 13, 2007}}</ref> Eventually, the division became the foundation for the ] Computing offering. | |||
== Worldwide == | |||
{{unreferenced|section|date=May 2014}} | |||
Rackspace serves customers worldwide and has offices and data centers in the ], ], ], ], ], ], ], and ]. | |||
On October 1, 2007, Rackspace acquired Webmail.us, a private e-mail hosting firm located in Blacksburg, VA. Originally branded as Mailtrust on May 20, 2009, it became part of the newly formed Cloud Office division of Rackspace. | |||
Rackspace is registered in the UK as '''Rackspace Ltd.''' and as of 2013 employed approximately 900 people, at an office (in ], ]) and a rented data center (in and around ]). The company opened a fourth UK data centre in ], ] in the second quarter of 2008. | |||
On October 22, 2008, Rackspace acquired Slicehost, a provider of ]<ref>{{cite web|url=http://www.slicehost.com/articles/2008/10/22/big-news-today|title=Slicehost Acquired By Rackspace |access-date=January 12, 2011}}</ref> and Jungle Disk, a provider of ].<ref>{{cite web|url=http://blog.jungledisk.com/2008/10/22/jungle-disk-announcement/|title=Jungle Disk Acquired By Rackspace |access-date=January 12, 2011}}</ref> | |||
Some organisations served by Rackspace's UK web hosting services include ], ], ], online publication ], ], ], ], ], and net connect. | |||
Rackspace announced on March 8, 2017, plans for an expansion to its portfolio to include managed service for the ].<ref>{{Cite news|url=https://techcrunch.com/2017/03/08/rackspace-now-offers-managed-services-for-googles-cloud-platform/|title=Rackspace now offers managed services for Google's Cloud Platform|last=Lardinois|first=Frederic|date=March 8, 2017|work=TechCrunch|access-date=October 7, 2017}}</ref> The program began ] on July 18, 2017, with a planned full offering in late 2017.<ref name=":0">{{Cite news|url=https://blog.rackspace.com/announcing-managed-google-cloud-platform-rackspace|title=Announcing Managed Google Cloud Platform by Rackspace|last=Lee|first=Patrick|date=July 18, 2017|work=Rackspace|access-date=October 7, 2017}}</ref> Rackspace partnered with Google in Customer Reliability Engineering, a group of Google Site Reliability Engineers, to ensure cloud applications "run with the same speed and reliability as some of Google's most widely-used products".<ref name=":0" /> | |||
Rackspace Benelux in Amsterdam opened its offices in October 2007. It won several customers such as LogicaCMG, Exact Software and CapGemini. | |||
Rackspace Australia in Sydney opened its offices in March 2009. It won several customers and partners such as Westfield Holdings, Wotif.com, Sage Australia, Xero, Netstarter and Market Boomer. | |||
== Awards == | |||
In 2014, Rackspace was ranked 29th in the ] list of best companies to work for in the US.<ref>http://www.marketwatch.com/story/rackspace-ranks-29-on-fortune-list-of-100-best-companies-to-work-for-2014-2014-01-16?reflink=MW_news_stmp</ref>{{primary source-inline|reason=This endorsement is referenced by a Rackspace press release; a more reliable reference would be the Fortune magainze article that produced the list.|date=May 2014}} Starting from 2007, Rackspace has appeared on that list for 6 out of 7 years. Rackspace UK has also appeared in '']'' best employers' awards for each year between 2007 and 2013,<ref>http://www.rackspace.co.uk/awards/sunday-times-best-companies-work-2013</ref>{{primary source-inline|reason=This endorsement is referenced by the Rackspace website itself; a more reliable reference would be the Sunday Times article that produced the list.|date=May 2014}} and was listed in the top 50 UK workplaces by the '']''.<ref>http://www.rackspace.co.uk/awards/financial-times-50-best-workplaces-uk</ref>{{primary source-inline|reason=This endorsement is referenced by the Rackspace website itself; a more reliable reference would be the Financial Times article that produced the list.|date=May 2014}} The UK division of the company has also been a part of the "Great Place To Work" rankings for 9 consecutive years from 2004, coming in 4th place in 2013.<ref>http://www.rackspace.co.uk/awards/great-places-work-2013</ref>{{primary source-inline|reason=This endorsement is referenced by the Rackspace website itself; a more reliable reference would be actual source of the "great place to work" list.|date=May 2014}} | |||
== OpenStack == | == OpenStack == | ||
{{Main|OpenStack}} | {{Main|OpenStack}} | ||
In 2010, Rackspace contributed the source code of its Cloud Files product to the OpenStack project under the ] to become the OpenStack Object Storage component.<ref name="rackspace.com">{{cite web|first1=Lew| last1=Moorman|url=http://www.rackspace.com/blog/?p=1047 |title=Opening The Rackspace Cloud – The Official Rackspace Blog |publisher=Rackspace.com |date= |
In 2010, Rackspace contributed the ] of its ] product to the OpenStack project under the ] to become the OpenStack Object Storage component.<ref name="rackspace.com">{{cite web|first1=Lew| last1=Moorman|url=http://www.rackspace.com/blog/?p=1047 |title=Opening The Rackspace Cloud – The Official Rackspace Blog |publisher=Rackspace.com |date=July 18, 2010 |access-date=June 27, 2013}}</ref><ref>{{cite web |url=http://www.rackspace.com/blog/?cat=253 |title=The Official Rackspace Blog |publisher=Rackspace.com |access-date=June 27, 2013 |url-status=dead |archive-url=https://web.archive.org/web/20120126130931/http://www.rackspace.com/blog/?cat=253 |archive-date=January 26, 2012 }}</ref> | ||
In April 2012, Rackspace announced it would implement OpenStack Compute as the underlying technology for their Cloud Servers product. |
In April 2012, Rackspace announced it would implement OpenStack Compute as the underlying technology for their Cloud Servers product. This change introduced a new control panel as well as add-on cloud services offering ], server ], ], and ]ing.<ref name="csopenstack">{{cite web|url=http://www.rackspace.com/blog/next-generation-rackspace-cloud-servers/|title=The Rackspace Cloud Powered By OpenStack|publisher=Rackspace|access-date=May 24, 2012}}</ref> In 2015, two Rackspace executives were elected to the board of the OpenStack Foundation.<ref>Mike W. Thomas, "OpenStack Foundation adds two Rackspace execs to board of directors" ''San Antonio Business Journal'' January 20, 2015</ref> In a February 2016 interview, CTO John Engates stated that Rackspace uses OpenStack to power their public and private cloud.<ref>{{Cite web|url=https://hostadvice.com/blog/rackspace-john-engates-cto-interview/|title=Rackspace Focuses on Fanatical Support, Grows to 6,000+ Employees {{!}} HostAdvice|website=HostAdvice|date=February 8, 2016 |language=en-US|access-date=July 27, 2017}}</ref> | ||
== |
== Recognition == | ||
'']''{{'}}s "Top 100 Best Companies to Work For 2008" placed Rackspace as {{Numero|32}}. <ref>{{cite news |title=Fortune Magazine: 100 Best Companies to Work for 2008 |url=https://money.cnn.com/magazines/fortune/bestcompanies/2008/snapshots/32.html |work=CNN}}</ref> In 2011 and 2013, the company was named as one of the top 100 places to work by Fortune.<ref>{{cite news |title=Fortune Magazine |url=https://money.cnn.com/magazines/fortune/bestcompanies/2011/snapshots/92.html |work=CNN}}</ref><ref>{{cite web |date=January 17, 2013 |title=Best Companies to Work For 2013: Full List – Fortune |url=https://money.cnn.com/magazines/fortune/best-companies/2013/list/?iid=bc_sp_full |access-date=June 27, 2013 |publisher=Money.cnn.com}}</ref> | |||
* ] | |||
== References == | == References == | ||
{{Reflist}} | |||
<!--This article uses the Cite.php citation mechanism. If you would like more information on how to add references to this article, please see http://meta.wikimedia.org/Cite/Cite.php --> | |||
{{Reflist|2}} | |||
{{Major Internet companies}} | |||
== External links == | |||
*{{Official website|http://www.rackspace.com/}} | |||
{{Cloud computing}} | |||
] | |||
] | |||
{{DEFAULTSORT:Rackspace}} | |||
] | |||
] | ] | ||
] | |||
] | ] | ||
] | |||
] | |||
] | |||
] | |||
] | |||
] | |||
] | |||
] | |||
] | |||
] |
Latest revision as of 17:09, 4 December 2024
American managed cloud computing company
Company type | Public |
---|---|
Traded as | |
Industry | Cloud computing |
Founded | 1998; 27 years ago (1998) |
Headquarters | San Antonio, Texas, U.S. |
Key people | Amar Maletira (CEO) |
Services | Cloud computing |
Revenue | US$2.957 billion (2023) |
Operating income | US$−899.4 million (2023) |
Net income | US$−848.9 million (2023) |
Total assets | US$|$4.096 billion (2023) |
Total equity | US$|-154.5 million (2023) |
Number of employees | 5,800 (2023) |
Website | rackspace |
Footnotes / references |
Rackspace Technology, Inc. is an American cloud computing company based in San Antonio, Texas. It also has offices in Blacksburg, Virginia and Austin, Texas, as well as in Australia, Canada, United Kingdom, India, Dubai, Switzerland, the Netherlands, Germany, Singapore, Mexico and Hong Kong. Its data centers are located in Amsterdam (Netherlands), Virginia (USA), Chicago (USA), Dallas (USA), London (UK), Frankfurt (Germany),Hong Kong (China), Kansas City (USA), New York City (USA), San Jose (USA), Shanghai (China), Queenstown (Singapore) and Sydney (Australia).
History
Rackspace was launched in October 1998 with Richard Yoo as its CEO. Although most hosting companies focused on the technology end of hosting, Rackspace created its "Fanatical Support" offering to focus on service and support. On March 28, 2000, Rackspace received funding through lead investor Norwest Venture Partners and Sequoia Capital. George J. Still, Jr., Managing Partner at Norwest, subsequently joined the Board of Directors.
In 2008, Rackspace moved its headquarters to the then-unoccupied Windsor Park Mall in Windcrest, Texas. Rackspace's Chairman, Graham Weston, owned the Montgomery Ward building in the mall until 2006 when it was sold to a developer
On August 8, 2008, Rackspace opened for trading on the New York Stock Exchange under the ticker symbol "RAX" after its initial public offering (IPO) in which it raised $187.5 million. The initial public offering included 15,000,000 shares of its common stock at a price of $12.50 per share. The IPO did not do well in the public market and lost about 20% of its initial price almost immediately.
At around 3:45 PM CST December 18, 2009, Rackspace experienced an outage for customers using their Dallas–Fort Worth data center – including those of Rackspace Cloud.
On September 8, 2010, Rackspace received national attention when they decided to discontinue providing web hosting service to one of their customers, Dove World Outreach Center. This was in reaction to Dove World's pastor Terry Jones' plan to burn several copies of the Qur'an on the anniversary of the September 11 attacks. Rackspace claims that this violated their company policy. This move came under criticism, notably from Terry Jones himself, who described it as an "indirect attack on our freedom of speech." Others questioned the appropriateness of Rackspace's action, stating that there is "absolutely no reason for web hosts to have an editorial policy, and this only gives Jones more attention and makes him look more persecuted."
In August 2016, it was confirmed that the American private equity firm, Apollo Global Management, had reached an agreement to buy the company for $4.3 billion. The sale was completed in November 2016 and Rackspace officially ended trading on the New York Stock Exchange on November 3, 2016.
In May 2017, CEO Taylor Rhodes announced he was leaving the company, and was replaced by Joe Eazor.Eazor was replaced in 2019 by Kevin Jones.
In June 2020 it changed its name to Rackspace Technology.
In August 2020 Rackspace Technology opened for trading on the Nasdaq under the ticker symbol "RXT" after its initial public offering (IPO). The Initial public offering of 33,500,000 shares of its common stock at an initial public offering price of $21.00 per share.
In September 2022 the company named Amar Maletira as its new CEO.
In December 2022 Rackspace suffered a major service outage which affected all their hosted Exchange users (customers who bought email services from Rackspace that involved instances of Microsoft Exchange hosted on Rackspace's servers). After initial investigation Rackspace declared the incident a 'security incident' and said it had powered down its servers to protect customer data which some commentators speculated might be indicative of a ransomware incident, a theory that was lent further credence by Rackspace's decision to recommend that customers migrate to Microsoft 365 rather than wait to have their Exchange-based solutions restored. On Monday December 5, 2022, the first full day of trading after the incident (which started on the previous Friday), Rackspace's shares were down as much as 16% ($0.75).
A class action lawsuit against Rackspace Technology, Inc. was filed on December 12, 2022, by Cole & Van Note for tens of thousands of businesses who lost access to their emails and services due to ransomware users. Stephenson, et al. v. Rackspace Technology, Inc. This class action was dismissed by the judge in San Antonio in May, 2023.
In January 2024, Rackspace moved its San Antonio Global Headquarters from Windcrest (The Castle) to the RidgeWood Plaza II office building, located in north-central San Antonio.
Acquisitions
On September 13, 2007, Rackspace announced it has acquired email hosting provider Webmail.us, based in Blacksburg, Virginia.
On October 22, 2008, Rackspace announced it was purchasing cloud storage provider Jungle Disk and VPS provider SliceHost.
On February 16, 2012, Rackspace acquired SharePoint911, a Microsoft SharePoint consulting company based in Cincinnati, Ohio.
On May 25, 2017, Rackspace announced an agreement to acquire TriCore Solutions.
On September 11, 2017, Rackspace announced plans to acquire Datapipe.
On September 17, 2018, Rackspace announced it had acquired RelationEdge.
On November 4, 2019, Rackspace announced plans to acquire Onica.
Other acquisitions include Cloudkick, Anso Labs, Mailgun, ObjectRocket, Exceptional Cloud Services, and ZeroVM.
On January 18, 2022, Rackspace announced it had acquired the Singapore-headquartered cloud-based data, analytics and AI company, Just Analytics.
Involvement with other companies
Rackspace launched ServerBeach in San Antonio in January 2003 as a lower-cost alternative for dedicated servers designed for technology hobbyists who want flexibility and reliability. Richard Yoo was a catalyst in the startup of ServerBeach. A bandwidth and colocation provider, Peer 1 Hosting now known as Cogeco Peer 1, purchased ServerBeach in October 2004 for $7.5 Million. Peer 1 Hosting entered the UK managed hosting market in January 2009 and the ServerBeach brand now competes directly with the UK arm of Rackspace, run by Dominic Monkhouse, former managing director of Rackspace Limited.
In October 2006, Mosso Inc. was launched, which experimented with white-labeling hosting services. Eventually, the division became the foundation for the Rackspace Cloud Computing offering.
On October 1, 2007, Rackspace acquired Webmail.us, a private e-mail hosting firm located in Blacksburg, VA. Originally branded as Mailtrust on May 20, 2009, it became part of the newly formed Cloud Office division of Rackspace.
On October 22, 2008, Rackspace acquired Slicehost, a provider of virtual servers and Jungle Disk, a provider of online backup software and services.
Rackspace announced on March 8, 2017, plans for an expansion to its portfolio to include managed service for the Google Cloud Platform. The program began beta testing on July 18, 2017, with a planned full offering in late 2017. Rackspace partnered with Google in Customer Reliability Engineering, a group of Google Site Reliability Engineers, to ensure cloud applications "run with the same speed and reliability as some of Google's most widely-used products".
OpenStack
Main article: OpenStackIn 2010, Rackspace contributed the source code of its Cloud Files product to the OpenStack project under the Apache License to become the OpenStack Object Storage component.
In April 2012, Rackspace announced it would implement OpenStack Compute as the underlying technology for their Cloud Servers product. This change introduced a new control panel as well as add-on cloud services offering databases, server monitoring, block storage, and virtual networking. In 2015, two Rackspace executives were elected to the board of the OpenStack Foundation. In a February 2016 interview, CTO John Engates stated that Rackspace uses OpenStack to power their public and private cloud.
Recognition
Fortune's "Top 100 Best Companies to Work For 2008" placed Rackspace as No. 32. In 2011 and 2013, the company was named as one of the top 100 places to work by Fortune.
References
- "Amar Maletira Named Chief Executive Officer".
- "Rackspace Technology, Inc. 2021 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. March 1, 2022.
- "rackspace.com – About Us". Archived from the original on August 18, 2007. Retrieved August 13, 2007.
- "Rackspace Data Center Locations". Rackspace.
- "Web Hosting Interview – Rackspace Managed Hosting". Retrieved August 13, 2007.
- MarketScreener. "George J. Still - Biography". www.marketscreener.com. Retrieved June 5, 2020.
- "Edgar Online S-1A Filing". Archived from the original on February 5, 2009. Retrieved November 13, 2007.
- "San Antonio approves boundary change for Rackspace". Archived from the original on August 11, 2007. Retrieved August 13, 2007.
- "Rackspace IPO needed to cope with fast growth". Networkworld.com. August 8, 2008. Archived from the original on June 3, 2013. Retrieved June 27, 2013.
- "Initial Public Offering – Press Release".
- "Rackspace IPO tanks".
- "Rackspace Goes Down. Again. Takes The Internet With It. Again". December 18, 2009. Retrieved December 18, 2009.
- "Dove World, Terry Jones site pulled down by Web hosting company". Christian Science Monitor. September 10, 2010.
- Saint, Nick (September 9, 2010). "San Francisco Chronicle".
- Medhora, Narottam (August 26, 2016). "Apollo Global to buy Rackspace Hosting in $4.3 billion deal". Reuters. Archived from the original on August 26, 2016. Retrieved August 26, 2016.
- Brezosky, Lynn (November 3, 2016). "It's official: Rackspace exiting New York Stock Exchange". Retrieved November 3, 2016.
- "Rackspace CEO Rhodes resigns 6 months after sale". San Antonio Express-News. Retrieved May 4, 2017.
- at 03:01, Simon Sharwood May 25, 2017. "Rackspace demotes a CEO to hire a CEO to replace CEO who quit". www.theregister.co.uk. Retrieved May 1, 2019.
{{cite web}}
: CS1 maint: multiple names: authors list (link) CS1 maint: numeric names: authors list (link) - "Rackspace changes name in preparation for public markets". www.bizjournals.com. Retrieved June 10, 2020.
- Tsidulko, Joseph (June 9, 2020). "Rebranded Rackspace Ready To Conquer Multi-Cloud". CRN. Retrieved June 10, 2020.
- "Rackspace Technology Announces Pricing of Initial Public Offering". Nasdaq (Press release). August 4, 2020. Archived from the original on October 7, 2022. Retrieved August 10, 2023.
- "Amar Maletira Named Chief Executive Officer". www.rackspace.com. Retrieved September 22, 2022.
- "Rackspace email outage continues as migrations prove hard".
- Iszler, By Madison (December 5, 2022). "Rackspace email service outage". San Antonio Express-News.
- "Cole & Van Note Announces Filing of Rackspace Ransomware/Data Breach Class Action". Morningstar, Inc. December 6, 2022. Retrieved January 18, 2023.
- "Judge Throws Out Ransomware Class-Action Suit Against Rackspace -". ChannelE2E. May 22, 2023. Retrieved August 2, 2024.
- Biediger, Shari (September 29, 2023). "Windcrest deal could turn Rackspace HQ into industrial complex". San Antonio Report. Retrieved August 2, 2024.
- Macmanus, Richard (October 2007). "Rackspace Acquires JungleDisk, Slicehost To Take On Amazon Services". ReadWriteWeb. Retrieved October 1, 2007.
- Kincaid, Jason (October 22, 2008). "Webmail.us Acquired by Rackspace – Subscription Model Does Work". TechCrunch. Retrieved March 19, 2019.
- Gage, Deborah (February 16, 2012). "Rackspace Buys Up SharePoint911 To Gird For Cloud Fight". Wall Street Journal.
- "Rackspace Announces Agreement to Acquire TriCore Solutions". Rackspace.
- "Rackspace Announces Agreement to Acquire Datapipe". Rackspace.
- "Rackspace Acquires RelationEdge to Broaden Application Services". Rackspace.
- "Rackspace to Acquire Onica a Cloud Native Consulting and Managed Services Company" (Press release). GlobeNewsWire. November 4, 2019.
- "Rackspace to Improve Cloud-Based Email Services by Acquiring Mailgun Inc".
- "ObjectRocket Acquired by Rackspace".
- "Rackspace fortifies APAC footprint with new acquisition". IT PRO. January 19, 2022. Retrieved January 19, 2022.
- "Rackspace Technology, Inc. | Rackspace Technology to Acquire Just Analytics, a Leading Provider of Cloud-based Data, Analytics, and Artificial Intelligence Services". ir.rackspace.com. Retrieved January 19, 2022.
- "Peer 1 Buys ServerBeach for $7.5 Million". October 6, 2004. Retrieved August 13, 2007.
- "Peer 1 & ServerBeach enter UK market with ex-Rackspace MD".
- "Mosso Leverages Utility Computing to Provide Complete Hosting Solution for Web Professionals". Retrieved August 13, 2007.
- "Slicehost Acquired By Rackspace". Retrieved January 12, 2011.
- "Jungle Disk Acquired By Rackspace". Retrieved January 12, 2011.
- Lardinois, Frederic (March 8, 2017). "Rackspace now offers managed services for Google's Cloud Platform". TechCrunch. Retrieved October 7, 2017.
- ^ Lee, Patrick (July 18, 2017). "Announcing Managed Google Cloud Platform by Rackspace". Rackspace. Retrieved October 7, 2017.
- Moorman, Lew (July 18, 2010). "Opening The Rackspace Cloud – The Official Rackspace Blog". Rackspace.com. Retrieved June 27, 2013.
- "The Official Rackspace Blog". Rackspace.com. Archived from the original on January 26, 2012. Retrieved June 27, 2013.
- "The Rackspace Cloud Powered By OpenStack". Rackspace. Retrieved May 24, 2012.
- Mike W. Thomas, "OpenStack Foundation adds two Rackspace execs to board of directors" San Antonio Business Journal January 20, 2015
- "Rackspace Focuses on Fanatical Support, Grows to 6,000+ Employees | HostAdvice". HostAdvice. February 8, 2016. Retrieved July 27, 2017.
- "Fortune Magazine: 100 Best Companies to Work for 2008". CNN.
- "Fortune Magazine". CNN.
- "Best Companies to Work For 2013: Full List – Fortune". Money.cnn.com. January 17, 2013. Retrieved June 27, 2013.
Major Internet companies | |
---|---|
Companies with an annual revenue of over US$4 billion | |
Internet | |
Cloud computing | |
E-commerce | |
Media |
- 1998 establishments in Texas
- Internet technology companies of the United States
- Cloud computing providers
- Companies based in San Antonio
- American companies established in 1998
- Computer companies established in 1998
- Companies formerly listed on the New York Stock Exchange
- Web hosting
- 2008 initial public offerings
- 2016 mergers and acquisitions
- Apollo Global Management companies
- Companies listed on the Nasdaq
- 2020 initial public offerings