It’s not easy competing with Amazon in the cloud, as Rackspace has learned. A month ago, Rackspace announced that it had retained Morgan Stanley after having “been approached by multiple parties who ...
Rackspace CEO Taylor Rhodes is disarmingly honest about the ride the company has been on in recent years. This is what happens, he says, "when the world's largest bookseller comes into your industry." ...
In August, 2016 months of speculations ended when Rackspace announced that an investment management group would purchase the 18-year-old company. Rumors have been swirling that the company may be ...
Less than two weeks after returning to the public market, Rackspace Technology is reportedly receiving major investment interest from public cloud titan Amazon. Fresh off its recent IPO, shares of ...
After years of rumors that Rackspace was looking to sell itself or go private, on Friday the company finally announced a deal. Private-equity firm Apollo Global will pay $32 in cash per share, or $4.3 ...
If rumors are to be believed - a collaboration is going to come out in the open at Amazon's AMZN huge tech conference for its cloud computing business next week in Las Vegas. And this revelation will ...
Just about every IT organization on Earth has contemplated what their future cloud strategy will look like. Cloud services come in many flavors these days: private, hybrid, and public clouds with ...
Amazon.com Inc. is reportedly looking to acquire a minority stake in partner Rackspace Technology Inc., which works with its Amazon Web Services Inc. business to help enterprises adopt the cloud. Word ...
Rackspace soared as much as 19% on Monday after a report from Reuters said that Amazon has expressed interest in acquiring a minority stake in the cloud services provider. Rackspace went public on ...
Amazon, Microsoft, and Google might think price cuts are the way to go in the highly competitive public cloud sector, but the San Antonio-based Rackspace seems to think otherwise. It rolled out a new ...
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