2016 Press Releases

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08/26/16Rackspace Enters Into a $4.3 Billion Transaction to Become a Private Company Through an Acquisition Led by Certain Funds Managed by Affiliates of Apollo Global Management
SAN ANTONIO, TX -- (Marketwired) -- 08/26/16 -- Rackspace stockholders to receive $32.00 per share in cash Transaction expected to provide Rackspace with additional flexibility to deliver the multi-cloud services that customers seek Deal expected to close in Q4 2016 Rackspace (NYSE: RAX), the #1 managed cloud company, today announced that it has entered into a definitive ... 
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08/11/16Rackspace Expands Multi-Cloud Security to Microsoft Azure
Rackspace Managed Security Now Covers Microsoft Azure, Amazon Web Services and Rackspace Dedicated and Virtualized Environments SAN FRANCISCO, CA -- (Marketwired) -- 08/11/16 -- Rackspace®(NYSE: RAX) today announced from Rackspace::Solve that Rackspace® Managed Security for Microsoft® Azure® is now available in early access. This means that companies using Microsoft Azure, Amazon Web Services (AWS)™, Rackspace Dedicated Hosting and Rackspace Managed VMware® Cloud can now benefit from the addi... 
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08/11/16Rackspace Reaches OpenStack Leadership Milestone, Six Years and One Billion Server Hours
Unmatched Operational Expertise Running the World's Largest OpenStack Clouds SAN FRANCISCO, CA -- (Marketwired) -- 08/11/16 -- Rackspace® (NYSE: RAX) today announced from Rackspace::Solve® that it has achieved an unprecedented milestone, reaching one billion server hours operating production-ready OpenStack® clouds for many of the world's largest and most recognized companies. Since creating OpenStack in 2010 with NASA, Rackspace continues to innovate and lead the OpenStack market to help cus... 
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08/08/16Rackspace Reports Second Quarter Results
SAN ANTONIO, TX -- (Marketwired) -- 08/08/16 -- Revenue grew 7.0 percent on a GAAP basis compared to Q2 2015 Revenue grew 8.9 percent on a normalized basis compared to Q2 2015 Net income margin was 6.8 percent Adjusted EBITDA margin was 35.8 percent Cash flow from operating activities was $165 million Free Cash Flow was... 
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08/03/16Fanatical Support for AWS at Rackspace Helps Address PCI and HIPAA Compliance
Now Able to Support AWS Customers With PCI and HIPAA Workloads SAN ANTONIO, TX -- (Marketwired) -- 08/03/16 -- Rackspace (NYSE: RAX) today announced Fanatical Support® for Amazon Web Services (AWS) is available for customers with Payment Card Industry (PCI) and Health Insurance Portability and Accountability Act (HIPAA) workloads on AWS. Compliance in the cloud, along with implementation of the requisite technology and processes to secure and protect sensitive customer data,... 
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07/27/16Rackspace Achieves AWS Marketing and Commerce Competency
Helps AWS Customers Architect, Deploy and Manage eCommerce Solutions More Effectively SAN ANTONIO, TX -- (Marketwired) -- 07/27/16 -- Rackspace® (NYSE: RAX) has achieved the Amazon Web Services™ (AWS) Marketing and Commerce Competency within the AWS Partner Competency Program. This competency recognizes members of the AWS Partner Network who have demonstrated technical capabilities and success in helping marketers and retail customers by delivering cloud-based marketing and ecommerce s... 
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07/26/16Bezeq International and Rackspace Set New Standard for Managed Cloud Services in Israel
Israel's Leading Cloud Hosting and International Telecommunications Provider Teams With Rackspace to Deliver Managed Multi-Cloud Expertise and Support Services Excellence LONDON, UNITED KINGDOM -- (Marketwired) -- 07/26/16 -- Bezeq International and Rackspace®(NYSE: RAX) have announced a strategic relationship with the intention of providing a new standard in managed cloud computing services in Israel. Known for its leading position in cloud solutions delivery for Israeli businesses, Bezeq I... 
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07/20/16Rackspace Announces Second Quarter 2016 Earnings Release Date and Conference Call Details
SAN ANTONIO, TX -- (Marketwired) -- 07/20/16 -- Rackspace® (NYSE: RAX), the #1 managed cloud company, will announce its second quarter 2016 financial results on Monday, August 8, 2016 starting at 4:30 p.m. ET, 3:30 p.m. CT, 1:30 p.m. PT. Taylor Rhodes, president and chief executive officer, and Karl Pichler, chief financial officer, will host the call. To access the live conference call, participants should dial: From United States and Canada: 800-954-0696 From United Kingdom: 0800-528-... 
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07/13/16goHenry, Britain's Most Successful Crowdfunder, Fuels Digital Pocket Money Revolution With Rackspace Managed Cloud
Fintech Start-Up Just Received Largest UK Crowdfunding Investment of All Time LONDON, UNITED KINGDOM -- (Marketwired) -- 07/13/16 -- Rackspace® (NYSE: RAX), today announced that goHenry, the UK's first fully digital family banking solution designed to help young people manage their money, has achieved 470 percent annual growth with help from the VMware® Managed Virtualisation offering from Rackspace. goHenry recently achieved the record largest amount of equity raised from crowdfundi... 
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07/12/16Rackspace Surpasses 300 AWS Certifications
Fanatical Support for AWS Delivers Managed AWS Expertise at Scale SAN ANTONIO, TX -- (Marketwired) -- 07/12/16 -- Rackspace® (NYSE: RAX) today announced that its Fanatical Support® for Amazon Web Services™ (AWS) global team of architects and engineers now collectively have achieved more than 300 professional and associate AWS certifications. This AWS expertise is the foundation for the status of Rackspace as an audited AWS Managed Service Provider and AWS DevOps Competency partner in t... 
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07/07/16Rackspace to Broaden Channel Reach With Fanatical Support for Microsoft Azure and Microsoft Office 365 Reseller and Referral Program
Collaborates With Partners to Help Customers Optimize and Manage Their Microsoft Solutions SAN ANTONIO, CA -- (Marketwired) -- 07/07/16 -- Rackspace®(NYSE: RAX) today announced ahead of the Microsoft Worldwide Partner Conference that it will offer companies in the Rackspace Partner Network the ability to resell and refer both Microsoft Azure and Microsoft Office 365 from Rackspace as a 2-Tier Microsoft Cloud Solution Provider (CSP). This new offering will allow channel partners to deliver Azu... 
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07/07/16UK Population Saving 51.4 Million Hours per Month Thanks to Disruptive Apps and Online Tools
Consumers Save an Average of 2.2 Hours per Month, With Convenience (51%), and Saving Time (45%) Ranked Above Saving Money (25%) as Top Benefits Over Two Thirds (68%) of UK Consumers Feel No Loyalty to Traditional Brands When It Comes to Swapping Them for the Convenience Offered by Apps and Online Tools Further Adoption Being Held Back by Security (36%) and Data Privacy Concerns (33%) LONDON, UNITED KINGDOM -- (Marketwired) -- 07/07/16 -- According to research commissioned by Rackspace® (... 
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05/26/16Rackspace Promotes Carla Sublett to Global Chief Marketing Officer
Proven Marketing Leader to Boost Brand and Lead-Gen Efforts Worldwide SAN ANTONIO, TX -- (Marketwired) -- 05/26/16 -- Rackspace ® (NYSE: RAX) today announced that it has promoted Carla Pineyro Sublett to senior vice president and chief marketing officer (CMO). Sublett will oversee all marketing functions globally to drive awareness for Rackspace as the #1 managed cloud provider. "Since joining Rackspace in May 2015, Carla has demonstrated exceptional leadership and s... 
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05/20/16Rackspace Reports New Employment Inducement Equity Grants
SAN ANTONIO, TX -- (Marketwired) -- 05/20/16 --  Rackspace® (NYSE: RAX) today reported that an aggregate of 76,281 of the company's common stock in the form of restricted stock units were granted to 16 new non-executive officer employees on May 13, 2016. The units were granted in accordance with NYSE Listing Rule 303A.08 under the Rackspace Inducement Equity Incentive Plan (the "Inducement Plan") as a material inducement to employees entering into employment with the company. The units ... 
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05/18/16Rackspace to Present at Investor Conference in June
SAN ANTONIO, TX -- (Marketwired) -- 05/18/16 --  Rackspace® (NYSE: RAX) today announced that Taylor Rhodes, president and chief executive officer, will present at the following conference: Cowen and Company Technology, Media & Telecom Conference on June 2, 2016 at 8:45am ET in New York. A live webcast will be available on the Rackspace website at http://ir.rackspace.com. About Rackspace Rackspace (NYSE: RAX), the #1 managed cloud comp... 
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05/09/16Rackspace Reports First Quarter Results
SAN ANTONIO, TX -- (Marketwired) -- 05/09/16 -- Revenue grew 9.9 percent on a normalized basis compared to Q1 2015 Revenue grew 7.9 percent on a GAAP basis compared to Q1 2015 Adjusted EBITDA grew 11.7 percent compared to Q1 2015 Net income grew 77.5 percent compared to Q1 2015 Adjusted Free Cash Flow reached a new record of $94 million in Q1 2016 ... 
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04/21/16Rackspace and Cloud Technology Partners Align Efforts to Help Enterprises Move to the Cloud
Collaboration Creates End to End Solution for Cloud Transformation SAN ANTONIO, TX -- (Marketwired) -- 04/21/16 --  Rackspace® (NYSE: RAX) and Cloud Technology Partners (CTP) announced a strategic relationship to deliver professional and managed services for enterprises leveraging the leading cloud platforms. The combination of Fanatical Support® with CTP's best-of-breed services provides enterprise customers with a holistic solution for cloud adoption by addressing: Cloud stra... 
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04/15/16Rackspace Announces First Quarter 2016 Earnings Release Date and Conference Call Details
SAN ANTONIO, TX -- (Marketwired) -- 04/15/16 -- Rackspace® (NYSE: RAX), the #1 managed cloud company, will announce its first quarter 2016 financial results on Monday, May 9, 2016 starting at 4:30 p.m. ET, 3:30 p.m. CT, 1:30 p.m. PT. Taylor Rhodes, president and chief executive officer, and Karl Pichler, chief financial officer, will host the call. To access the live conference call, participants should dial: From United States and Canada: 877-242-2264 From United Kingdom: 0... 
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04/14/16Rackspace Becomes AWS DevOps Competency Partner
Helping AWS Customers Launch and Manage Apps More Efficiently SAN ANTONIO, TX -- (Marketwired) -- 04/14/16 -- Rackspace® (NYSE: RAX) has achieved Amazon Web Services™ (AWS) DevOps Competency within the AWS Partner Competency Program, which recognizes members of the AWS Partner Network who have completed a rigorous third-party audit demonstrating their expertise in DevOps practices, tools, and proven customer success. Customers can access this expertise and 24x7 operational support thro... 
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04/07/16Rackspace Simplifies Cloud Adoption for Companies by Delivering Managed Private Cloud Everywhere
Customers Can Consume OpenStack as a Service in Their Location of Choice SAN ANTONIO, TX -- (Marketwired) -- 04/07/16 -- Rackspace® (NYSE: RAX) today announced companies can run a fully-managed private cloud in any data center around the world without bearing the high cost, risk and operational burden of doing it themselves. By delivering OpenStack® everywhere, the new integrated software, hardware and services solution can answer CIO demand for managed services for private cloud on their... 
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03/10/16Rackspace Expands OpenStack Leadership With Next Generation Bare Metal Servers
New Version of OnMetal Unlocks Greater Performance for Demanding Workloads Like Cassandra, Docker and Spark SAN ANTONIO, TX -- (Marketwired) -- 03/10/16 -- Rackspace®(NYSE: RAX) today announced the next generation of OnMetal™ Cloud Servers powered by OpenStack® -- bare metal, single-tenant servers that are API-provisioned in two minutes, providing near-instant scalability and elasticity. This latest version of OnMetal Cloud Servers delivers innovative connectivity between public cloud an... 
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03/09/16Rackspace Announces New Employment Inducement Awards
SAN ANTONIO, TX -- (Marketwired) -- 03/09/16 --  Rackspace® (NYSE: RAX), today announced that restricted stock units underlying the Company's ordinary shares of 92,025 in the aggregate were granted to 37 new non-executive officer employees on February 24, 2016. The units were granted in accordance with NYSE Listing Rule 303A.08 under the Rackspace Inducement Equity Incentive Plan (the "Inducement Plan"), which the Board of Directors of Rackspace adopted in March 2014 to facilitate the g... 
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02/23/16Rackspace to Present at Investor Conference in February and March
SAN ANTONIO, TX -- (Marketwired) -- 02/23/16 -- Rackspace® (NYSE: RAX), the #1 managed cloud company, today announced that Taylor Rhodes, president and chief executive officer, will present at the following conferences: The JMP Securities Technology Conference on Monday, February 29, 2016 at 10:00am PT in San Francisco, CA. The Morgan Stanley Technology, Media and Telecom Conference on Tuesday, March 1, 2016 at 4:35pm PT in San Francisco, CA. A live webcast will be available on the Racks... 
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02/16/16Rackspace Reports Fourth Quarter Results
Revenue Grew 10.7 Percent Compared to the Fourth Quarter of 2014 Adjusted EBITDA Grew 11.0 Percent Compared to the Fourth Quarter of 2014 Net Income was $32 Million for the Fourth Quarter of 2015 On a Fully Diluted Basis, GAAP EPS was 24 Cents and Non-GAAP EPS was 31 Cents in the Fourth Quarter of 2015 SAN ANTONIO, TX  -- (Marketwired) -- 02/16/16 -- Rackspace® (NYSE: RAX), the #1 managed cloud company, today announced financial results for the quarter that ended December 31, 2015... 
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02/11/16Rackspace Announces Private Cloud Powered by Red Hat
Delivers OpenStack-as-a-Service Backed With a 99.99 Percent OpenStack API Uptime Guarantee SAN ANTONIO, TX  -- (Marketwired) -- 02/11/16 -- Rackspace® (NYSE: RAX) today announced the release of Rackspace Private Cloud powered by Red Hat®, which delivers OpenStack® private clouds as-a-service using the Red Hat Enterprise Linux® OpenStack Platform. The new offering expands the Rackspace OpenStack-as-a-Service product portfolio, further extending the company's strategy to deliver the most rel... 
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01/22/16Rackspace to Host Conference Call for Fourth Quarter 2015 Financial Results
SAN ANTONIO, TX -- (Marketwired) -- 01/22/16 -- Rackspace® (NYSE: RAX), the #1 managed cloud company, will announce its fourth quarter 2015 financial results on Tuesday, February 16, 2016 starting at 4:30 p.m. ET, 3:30 p.m. CT, 1:30 p.m. PT. Taylor Rhodes, president and chief executive officer, and Karl Pichler, chief financial officer, will host the call. To access the live conference call, participants should dial: From United States and Canada: 800-954-0628 From United Kingdom: 0800-... 
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01/21/16Rackspace Hires Brian Stein as Vice President of Global Engineering
Cloud, Infrastructure and Automation Expert Joins Rackspace to Drive Multi-Cloud Technology Platform SAN ANTONIO, TX -- (Marketwired) -- 01/21/16 -- Rackspace® (NYSE: RAX) today announced that Brian Stein has joined the company as vice president of global engineering. Stein has more than 15 years of experience in open source development, user experience, quality engineering and assurance, release engineering and project management. Prior to Rackspace, he served as senior vice president ... 
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