Rackspace IPO Recap: Multi-Cloud MSP’s Initial Public Offering Disappoints
Rackspace Technology ($RXT) stock showed weakness on IPO (initial public offering) day. What’s behind the cloud MSP’s weaker-than-expected valuation? Here are the clues.
Rackspace IPO Plan: How Multi-Cloud MSP Pivoted Under Private Equity Ownership
How has Rackspace Technology transformed its cloud MSP business under private equity owner Apollo Global Management? Rackspace Form S-1 filing with SEC offers clues.
Rackspace Technology: New Name, Continued Multi-Cloud Services, Eventual IPO?
Rackspace Technology’s new name reflects multi-cloud technology focus. Is private equity owner Apollo Global Management prepping for eventual Rackspace IPO?
Rackspace Acquires Salesforce Cloud Consulting Partner RelationEdge
Rackspace acquires RelationEdge, a Salesforce Platinum Consulting Partner and digital agency. Rackspace’s push beyond managed AWS, Microsoft Azure & Google cloud services now includes SaaS, Oracle, SAP and other application services.
Rackspace Launches Multi-Cloud Kubernetes-as-a-Service
Rackspace Kubernetes-as-a-Service supports multiple public and private cloud platforms. It’s the latest managed services in a growing list of capabilities that may foreshadow a Rackspace IPO.