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Rackspace s intention not to sell leaves Wall Street wary

Months after announcing that it had a potential buyer, Rackspace confirmed it will operate as a stand-alone company and focus on private and public cloud markets.

New yorkUnited statesMarvin pfeifferFrank louthanRaymond jamesAshwin shrivaikarKevin mcveighKevin jonesBt groupCredit suisseRackspace hosting incRackspace technology incRackspace technologyRackspace fabricWall streetApollo global management

Rackspace breakup plan to be set by fall, CEO says

The San Antonio company stretched to 11 its string of consecutive quarters of revenue growth, but reported a wider loss.

United statesNew yorkSan antonioAmar maletiraDharmendradk sinhaBt groupRackspace technologyApollo global managementWall streetJust analyticsKevin jonesAmar maletiraSan antonioNew yorkApollo global managementIt group

Could breaking up Rackspace save the money-losing San Antonio technology company?

The struggling cloud-computing company the granddaddy of the city’s modern tech.

New yorkUnited statesSan antonioUniversity of texas at san antonioRaymond jamesJohn prevostKevin mcveighBt groupCredit suisseJp morganCloud instituteRackspace technologyFrank louthanApollo global managementBig techWall street

Rackspace exploring sale of some of its businesses

“A sum of the parts of Rackspace Technology could be greater than our current.

New yorkUnited statesSan antonioKevin jonesBt groupAmazon web servicesRackspace technologyWall streetApollo global managementJust analyticsJust analyticCareer trackSan antonioNew yorkApollo global managementAmazon web services

S A cloud company Rackspace boosted revenue, narrowed loss in 2021

Rackspace reported revenue of $3 billion in 2021, up 11 percent from the year before.

New yorkUnited statesAmar maletiraKevin jonesBt groupRackspace technologyJust analyticsApollo global managementAmar maletiraSan antonioNew yorkIt groupApollo global managementJust analytics

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