Rackspace Technology Inc
RXT · NASDAQ · Technology / Software - Infrastructure
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About
Rackspace Technology, Inc. operates as a hybrid cloud and artificial intelligence solutions company in the United States, the United Kingdom, and internationally. It operates through two segments, Public Cloud and Private Cloud. The company offers programmatic infrastructure, including hardware and services for datacenter compute, network, storage, and data protection; cloud operating systems; platform-as-a-service; private cloud solutions; and private cloud services, such as managed, professional, elastic engineering, and security services, as well as an email platform for customers and carriers. It also provides a cloud platform that offers platform-related services, including cloud strategy and architecture, platform and infrastructure migrations, and modern cloud infrastructure; cloud apps that build and manage applications within a cloud technology stack; and cloud data, which helps accelerate the adoption of modern data solutions enabling business transformation. In addition, the company offers cloud security that provides security solutions in security threat assessment and prevention; proactive threat detection and response; rapid remediation; governance, risk, and compliance assistance across multiple cloud platforms; and privacy and data protection services, including detailed access restrictions and reporting. Further, it provides Rackspace AI, a portfolio of AI services and solutions to help organizations scale AI, as well as multi-cloud strategy, data and application modernization, cloud adoption, cloud-native enablement, SaaS lifecycle management, and data management services. The company serves the financial services, government, healthcare, manufacturing, non-profit, education, SaaS and ISV, consumer goods, oil and gas, and other industries. The company was formerly known as Rackspace Corp. and changed its name to Rackspace Technology, Inc. in June 2020. Rackspace Technology, Inc. was founded in 1998 and is headquartered in San Antonio, Texas.
Company Details
- SectorTechnology
- IndustrySoftware - Infrastructure
- CEOMr. Gajakarnan Vibushanan Kandiah
- Employees5.00K
- Headquarters19122 US Highway 281 N., San Antonio, TX, United States, 78258-7667, USA
- Websitehttps://www.rackspace.com
Leadership
- Mr. Gajakarnan Vibushanan KandiahCEO & Director · b. 1968
- Mr. Mark A. MarinoExecutive VP & CFO · b. 1977
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Buy1
- Hold4
- Sell1
Ownership Breakdown
- Institutions
- 80.88%
- Insiders
- 2.96%
- Retail / Other
- 16.16%
Top Institutional Holders
- Apollo Management Holdings LP129.61M50.85%
- Voss Capital LLC7.59M2.98%
- BlackRock Inc7.53M2.95%
- Vanguard Capital Management, LLC4.62M1.81%
- AQR Capital Management LLC4.54M1.78%
- Two Sigma Investments LLC3.84M1.50%
- Marathon Asset Management LLC3.62M1.42%
- HHG PLC2.94M1.15%
- Arete Wealth Advisors, LLC2.84M1.11%
- Vanguard Portfolio Management, LLC2.54M1.00%
- Geode Capital Management, LLC2.45M0.96%
- Millennium Management LLC2.34M0.92%
- Renaissance Technologies Corp2.04M0.80%
- Jane Street Group LLC2.02M0.79%
- State Street Corp1.86M0.73%
Top Fund Holders
- Vanguard MStar Total Stk Mkt Idx Invest3.20M1.25%
- iShares Russell 2000 ETF2.46M0.96%
- Vanguard Information Technology ETF2.08M0.82%
- Fidelity Small Cap Index997.86K0.39%
- AB Global High Yield I USD983.49K0.39%
Stock Splits
- Jul 20, 20201:12