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As Rackspace Mulls Private Equity, We Ask: Why Do Public Companies Go Private?

Data Center Knowledge

On Thursday news broke that managed cloud services provider Rackspace is in advanced talks with a private equity firm. If the deal goes through, Rackspace will be the latest tech company to go private after being a publicly traded company, following Solarwinds, Dell, and others before it. IPOs have.

Company 100
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Ransomware attack knocks Rackspace’s Exchange servers offline

Network World

Cloud services and hosting provider Rackspace Technology acknowledged Tuesday that a recent incident that took most of its Hosted Exchange email server business offline was the product of a ransomware attack. The company shut the service down last Friday. Rackpsace offers migration to Microsoft 365.

Microsoft 153
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Rackspace technology—Award-winning, multi-cloud modernization powered by VMware

CIO Business Intelligence

“Every company today is a technology company. says Adrianna Bustamante, vice president of global channel and alliances for Rackspace Technology. While often starting out to solve short-term problems, Rackspace Technology also ensures long-term success through ongoing management and operational support with managed services.

Vmware 95
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Rackspace Chairman Buys $2.5M of Company Stock

Data Center Knowledge

Files plans to buy that much again, citing confidence in company’s future Read More. Cloud Computing Investing Rackspace Hosting'

Company 210
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Amazon’s potential investment in Rackspace would link longtime players in the cloud

GeekWire

Shares of Rackspace climbed as much as 19% at one point this morning amid reports that Amazon is in talks for a potential investment in the cloud infrastructure and services company. Based in San Antonio, Texas, Rackspace reported revenue of $2.4 Neither company is commenting on the reports of the potential investment.

Cloud 143
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Rackspace CEO Taylor Rhodes Leaving Company

Data Center Knowledge

Says he’s taken managed cloud firm as far as his skills allow Read More.

Company 132
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Report: Rackspace Leads Europe’s Cloud-Enabled Managed Hosting Market

Data Center Knowledge

Less than one week before Rackspace announced new services for managing customers’ application stacks running in its infrastructure cloud, Gartner published a report identifying the Windcrest, Texas-based company as leader in the European cloud-enabled managed hosting market. Rackspace has been.

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