Press Release

Rackspace Technology Announces Strategic Investment in Platform9 and Launches Rackspace Managed Platform for Kubernetes

April 29, 2021
PDF Version
Rackspace Technology Announces Strategic Investment in Platform9 and Launches Rackspace Managed Platform for Kubernetes
Rackspace Technology Announces Strategic Investment in Platform9 and Launches Rackspace Managed Platform for Kubernetes

Rackspace Managed Platform for Kubernetes (MPK) Driven by a shared multicloud vision, both companies will collaborate and deeply align on products, technologies, and go-to-market activities.

Companies will collaborate on products, technologies, and go to market activities

SAN ANTONIO, April 29, 2021 (GLOBE NEWSWIRE) --  Rackspace Technology® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced it has made a strategic investment in Platform9, the leading SaaS Managed Kubernetes provider for distributed clouds, and launched Rackspace Managed Platform for Kubernetes (MPK). Driven by a shared multicloud vision, both companies will collaborate and deeply align on products, technologies, and go-to-market activities.

“The investment from Rackspace Technology comes at a critical point as the industry moves closer to a multicloud and distributed clouds future,” said Sirish Raghuram, CEO of Platform9. “We are looking forward to working with the Rackspace Technology team to accelerate our customers’ cloud journeys. Platform9’s SaaS managed Kubernetes, paired with the Rackspace Technology team’s unmatched leadership in managed operations along with Fanatical Experience™ is a game-changer in distributed Kubernetes management.”

Businesses today are moving to containers and Kubernetes in an effort to improve delivery metrics, accelerate digital transformation, and decrease time to market. This transition to a modern application framework often leaves businesses having to balance between streamlining the delivery of critical applications and infrastructure with delivering meaningful results to their customers and shareholders.

“At Rackspace Technology and Platform9, we see the strain that transformation and growth puts on the ability for businesses to fully realize their cloud native strategy. It’s the often missing technical and cultural components necessary for success that inspired us to develop our first collaborative offering, Rackspace Managed Platform for Kubernetes,” said Taylor Bird, VP of Technology Strategy, Rackspace Technology.

Powered by Platform9 Managed Kubernetes (PMK) solution, Rackspace MPK solves for these common customer challenges by providing a:

  • Single pane of glass for deploying and managing clusters across public and private clouds
  • Curated platform experience that provides frequently requested infrastructure services for containerized applications
  • Specialized support team comprised of Certified Kubernetes Administrators versed in Kubernetes, Platform9, and multicloud

Bird continued, “As the shift to cloud native platforms becomes more mainstream, we’ve seen an increasing demand for container services that enhance the developer experience and simplify operations. Our MPK solution is designed for customers of any size who are struggling with the increasingly disparate experience of managing container-based application deployments in a multicloud world.”

Additional information and resources

1. Read technical blog
2. Solution brief pdf
3. Rackspace MPK Solutions webpage

About Rackspace Technology

Rackspace Technology is a leading end-to-end multicloud technology services company. We can design, build and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.

About Platform9

Platform9 is the leading SaaS Managed Kubernetes provider for distributed clouds. With a mission to enable freedom in cloud computing, the company delivers cloud-native technologies with SaaS simplicity that are easy to operate and scale, while supporting broad cloud capabilities that run on any infrastructure. The company’s SaaS management model has been proven to eliminate management complexity and costs through automated cluster upgrades, security patches, and fully-managed monitoring and troubleshooting across multiple points of presence, edge sites, and data centers with guaranteed SLAs. Headquartered in Mountain View, CA, Platform9 clients include enterprises such as Kingfisher Retail, Cloudera, RedFin, Snapfish, Juniper Networks and Mavenir. For additional information please visit Platform9.com and refer to the Platform9 blog. Follow Platform9 on LinkedIn, Twitter, and Facebook.

Media and Analyst Contacts

For Rackspace Technology
Media Contact
Natalie Silva
Rackspace Technology Corporate Communications
publicrelations@rackspace.com

IR Contact
Joe Crivelli
Rackspace Technology Investor Relations
IR@rackspace.com

For Platform9
Janine Savarese
908.461.5767
janine@platform9.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/11c3604b-db28-41c8-8e3e-101e122b5928

Consulting & Advisory Services
Professional Services
Managed Services
Quick Links
© 2024 Rackspace Technology, Inc.
×

You are using an outdated browser and are receiving a degraded experience. Please switch to the latest version of Microsoft Edge, Mozilla Firefox, Safari or Google Chrome. [Dismiss]

Disclaimer

Please note that you are now entering a website directly or indirectly maintained by a third party (the "External Site") and that you do so at your own risk.

Rackspace Technology, Inc.  (“RXT”) has no control over the External Site, any data or other content contained therein or any additional linked websites. The link to the External Site is provided for convenience purposes only.

By clicking “Accept” you acknowledge and agree that neither RXT nor third party provider Virtua Research, Inc. (“Virtua) is responsible, or accepts or assumes any responsibility or liability whatsoever for, the content, the data or the technical operation of the Linked Site. Further, by entering the External Site, you also acknowledge and agree that you completely and irrevocably waive any and all rights and claims against RXT and Virtua and further acknowledge and agree that in no event shall RXT or Virtua, its officers, employees, directors and agents be liable for any (i) indirect, consequential, incidental, special, compensatory or punitive damages, (ii) damages for loss of income, loss of business profits, business interruption, loss of data or business information, loss of or damage to property, (iii) claims of third parties, or (iv) other pecuniary loss, arising out of or related to this disclaimer or the External Site

By entering the External Site, you further acknowledge and agree that the disclaimer of warranties and limitations of liability set out in this disclaimer shall apply regardless of the causes, circumstances or form of action giving rise to the loss, damage, claim or liability, even if such loss, damage, claim or liability is based upon breach of contract (including, without limitation, a claim of fundamental breach or breach of a fundamental term), tort (including, without limitation, negligence), strict liability or any other legal or equitable theory, and even if RXT and Virtua are advised of the possibility of the loss, damage, claim or liability. The waiver and release specifically includes, without limitation, any and all rights and claims pertaining to the processing of personal data, including but not limited to any rights under any applicable data protection statute(s).

If in any jurisdiction, any part of this disclaimer is held to be unenforceable by a court of competent jurisdiction, such part of this disclaimer shall be restricted or eliminated to the minimum extent and the remaining disclaimer shall otherwise remain in full force and effect.

Please note the information presented is deemed representative at the time of its original release. Changes in historical information may occur due to adjustments in accounting and reporting standards & procedures.

Non-GAAP Information

In addition to disclosing results determined in accordance with GAAP, RXT may also disclose certain non-GAAP and pro forma non-GAAP results of operations, including certain ratios, operational and miscellaneous data, as well as net income, diluted earnings per share, operating expenses, and operating income that make certain adjustments or exclude certain charges and gains that are outlined in the schedules included in this website. Management believes that this non-GAAP and pro forma non-GAAP information provides investors with additional information to assess RXT operating performance by making certain adjustments or excluding costs or gains and assists investors in comparing our operating performance to prior periods. Management uses this non-GAAP and pro forma non-GAAP information, along with GAAP information, in evaluating its historical operating performance. RXT and Virtua also take no responsibility for third party pricing data provided for informational purposes and certain ratio results formulated from the provided third party pricing data.

The non-GAAP information is not prepared in accordance with GAAP and may not be comparable to non-GAAP information used by other companies. The non-GAAP information should not be viewed as a substitute for, or superior to, other data prepared in accordance with GAAP.

 

Accept
Decline