Rackspace Technology
American managed cloud computing company
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January 2024 | Rackspace relocated its San Antonio Global Headquarters from Windcrest (The Castle) to the RidgeWood Plaza II office building in north-central San Antonio. |
May 2023 | The class action lawsuit (Stephenson, et al. v. Rackspace Technology, Inc.) was dismissed by a judge in San Antonio. |
December 12 2022 | A class action lawsuit was filed against Rackspace Technology, Inc. by Cole & Van Note on behalf of tens of thousands of businesses who lost email and service access due to the ransomware incident. |
December 5 2022 | Rackspace experienced a major service outage affecting all hosted Exchange users, which was initially investigated as a potential security incident or ransomware attack. On the first full day of trading after the incident, Rackspace's shares dropped as much as 16% (a $0.75 decline). |
September 2022 | Amar Maletira was appointed as the new CEO of Rackspace Technology. |
January 18 2022 | Rackspace acquired Just Analytics, a Singapore-headquartered cloud-based data, analytics, and AI company, to strengthen its global data and analytics offerings. |
August 2020 | Rackspace Technology launched its initial public offering (IPO) on the Nasdaq stock exchange, trading under the ticker symbol 'RXT'. The IPO involved 33,500,000 shares of common stock priced at $21.00 per share. |
June 2020 | Rackspace Technology changed its company name from its previous designation to Rackspace Technology. |
2019 | Joe Eazor was replaced as CEO by Kevin Jones. |
November 4 2019 | Rackspace announced plans to acquire Onica, expanding its cloud transformation and managed services capabilities. |
September 17 2018 | Rackspace acquired RelationEdge, likely enhancing its customer relationship management and cloud services. |
September 11 2017 | Rackspace announced plans to acquire Datapipe, further extending its cloud services and global reach. |
May 2017 | CEO Taylor Rhodes announced his departure from the company and was replaced by Joe Eazor. |
May 25 2017 | Rackspace announced an agreement to acquire TriCore Solutions, expanding its enterprise IT service portfolio. |
November 3 2016 | Rackspace officially ended trading on the New York Stock Exchange following the completion of its sale to Apollo Global Management. |
August 2016 | Apollo Global Management reached an agreement to acquire Rackspace for $4.3 billion. |
February 16 2012 | Rackspace acquired SharePoint911, a Microsoft SharePoint consulting company located in Cincinnati, Ohio, to enhance its enterprise consulting capabilities. |
September 8 2010 | Rackspace received national attention by discontinuing web hosting services for Dove World Outreach Center due to the center's plan to burn Qur'an copies, citing a violation of company policy. |
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