Rackspace announced that the company was going to add hosting virtual servers to its list of services for those needing access to a physical server without having to acquire the server, necessary ...
As the cloud services company Rackspace Hosting 's stock continues to trend lower, investors often get excited about the occasional pop that comes with merger and acquisition rumors. For the better ...
Investors eyeing a purchase of Rackspace Hosting Inc (NYSE: RAX) stock, but tentative about paying the going market price of $45.87/share, might benefit from considering selling puts among the ...
Rackspace Solve summits bring prospects together with existing customers. Image credit: Rackspace Hosting. Shares ofRackspace Hosting stock entered Tuesday up nearly 7% year to date. Will the rally ...
Editor’s note added Sept. 4: After publishing this post, we received a detailed response from Rackspace addressing several factual points in the story. We’re including Rackspace’s response at the ...
Huge operating income gains and higher returns on capital suggest the hosting provider remains a force to be reckoned with. For the full year, Rackspace reported $1,794.36 million in revenue and $0.77 ...
In an effort to accelerate cloud adoption in the marketplace, Intel Corporation and Rackspace Hosting announced an aggressive campaign to accelerate cloud adoption. They cite Jevons paradox (normally ...
The cloud computing expert followed through on persistent buyout rumors in late August, going private in a $4.3 billion deal. The first week of August, the rumor mill started grinding out Rackspace ...
Gov. Bob McDonnell today announced that Rackspace® Hosting, (NYSE: RAX), the open cloud company, is expanding its IT hosting operation in the Virginia Tech Corporate Research Center in Montgomery ...
Ending weeks of speculation, San Antonio-based Rackspace Hosting Inc. said Friday that it’s being acquired by New York private equity firm Apollo Global Management LLC in a deal valued at $4.3 billion ...
See Correction/Clarification at the end of this article. Rackspace is reportedly considering a $3.5B sale to a private equity company based in New York. New York-based private-equity company Apollo ...
What: Shares of cloud infrastructure and hosting provider Rackspace tumbled in 2015, declining by 45.9%, according to S&P Capital IQ data. A series of disappointing earnings reports, as well as ...