Last $32.41 USD
Change Today +0.03 / 0.09%
Volume 847.2K
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rackspace hosting inc (RAX) Snapshot

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10/2/13 - $54.20
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rackspace hosting inc (RAX) Details

Rackspace Hosting, Inc., through its subsidiaries, provides cloud computing services and managing Web-based IT systems for small and medium-sized businesses and large enterprises worldwide. The company’s service offering combines hosting on dedicated hardware and on multi-tenant pools of virtualized hardware in a way that suits each customer’s requirements. Its public cloud services refer to pooled computing resources delivered on-demand over the Internet. The company offers cloud servers for computing; cloud sites for Website hosting; cloud block storage and cloud files for storage; cloud databases for hosting; cloud backup for file protection; cloud load balancers for traffic management; cloud monitoring for infrastructure control; cloud DNS for domain management; cloud networks for security enhancement; and cloud applications, including email, collaboration, and file back-ups. Its dedicated cloud services include customer management portal and other management tools for managing the data center, network, hardware devices, and operating system software; and private cloud services comprise a pool of computing resources for a particular customer. The company also provides hybrid hosting, which enables customers to utilize any combination of dedicated and pooled resources and to manage them through its RackConnect service. It sells its service suite through direct sales teams, third party channel partners, and online ordering. The company was founded in 1998 and is headquartered in San Antonio, Texas.

5,798 Employees
Last Reported Date: 08/11/14
Founded in 1998

rackspace hosting inc (RAX) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $374.9K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $359.6K
Chief Operating Officer and Senior Vice Presi...
Total Annual Compensation: $363.3K
Chief Accounting Officer
Total Annual Compensation: $248.6K
Total Annual Compensation: $400.0K
Compensation as of Fiscal Year 2013.

rackspace hosting inc (RAX) Key Developments

Arrow Electronics, Inc. Announces Distribution Agreement with Rackspace

Arrow Electronics, Inc. announced a distribution agreement with Rackspace that will expand the company's cloud service portfolio in the United States and Canada. Through the agreement, Arrow solution providers can enter the Rackspace reseller program that provides volume discounts, pre- and post-sales support and access to helpdesk services and financing services. The Rackspace managed cloud portfolio includes among other services public multi-tenant, private and dedicated single-tenant cloud servers, as well as data stores, e-commerce, digital marketing and VMware(R)-powered solutions. The Rackspace solutions are available through ArrowSphere, a platform that provides the channel ecosystem, such as managed service and solution providers and independent software vendors, with easy access to cloud services. ArrowSphere features best-of-breed offerings from leading service providers, as well as customizable webstores through which solution providers can present Arrow cloud offerings, as well as their own cloud services, to customers.

Rackspace Launches Managed OpenStack Private Cloud to Deliver Guarantee and DevOps Services

Rackspace announced the next global release of its Rackspace Private Cloud offering powered by OpenStack designed to run enterprise production workloads. The offering now includes a 99.99% OpenStack API uptime guarantee, increased scalability to hundreds of nodes and DevOps automation services for application lifecycle management. The Rackspace Private Cloud delivers the agility and efficiency of a public cloud combined with the enhanced security, control and performance of a dedicated environment. Customers can deploy Rackspace Private Cloud in their data center, at Rackspace or in both locations all backed by Fanatical Support. The offering combines expertise, services and guarantees with the OpenStack Icehouse release, enabling customers to take advantage of the following: Scalability with Availability - Rackspace Private Cloud is designed to scale enterprise production workloads. It includes a 99.99% OpenStack API uptime guarantee, designed to scale to hundreds of nodes and deliver high availability with consistent performance. It deploys OpenStack services using Linux containers, which allows customers to independently scale each service and provides the ability to perform seamless, in-place upgrades from one release to another. Application-Level Automation - Unlocking the full power of a cloud requires automation. Rackspace DevOps Automation Services help customers automate their process for deploying and scaling applications by treating their infrastructure as code. In addition, Rackspace Private Cloud supports OpenStack Orchestration (Heat), which helps customers automate the provisioning of infrastructure, services and applications. Expertise - Rackspace Private Cloud is built and operated by the company who co-founded OpenStack. Hybrid - Customers have the ability to burst into the public cloud by using RackConnect(R) to securely connect the customer's Rackspace Private Cloud with the Rackspace Public Cloud. Fanatical Support(R) - Rackspace Private Cloud is backed with Fanatical Support that includes 24x7x365 access to a team of experts, a dedicated account manager, an optional dedicated OpenStack engineer, proactive monitoring and 100% network uptime guarantee when hosted in a Rackspace data center.

Rackspace Hosting, Inc. Announces Board Changes

Rackspace Hosting, Inc. announced that Lila Tretikov has joined the Rackspace Board of Directors. Tretikov will serve on the Rackspace Board, while continuing to serve as the executive director of the Wikimedia Foundation. This appointment follows George Still Jr.'s decision to step down from his role as a member of the Rackspace Board of Directors, a position he had maintained since 2006.


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