Rackspace Technology, Inc.
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- Rackspace Technology, Inc. (Nasdaq: RXT) provides end-to-end hybrid multicloud and AI solutions, including managed hosting, professional services, and cloud-native application development for enterprises worldwide. Founded in 1998 and headquartered in San Antonio, Texas, the company operates across the Americas, Europe, Middle East, Africa, Asia Pacific, and Australia through data centers in key locations such as Virginia, Chicago, Dallas, London, Frankfurt, Hong Kong, and Sydney. It serves industries including healthcare, finance, and government with Fanatical Experience customer support, emphasizing secure, scalable workloads across private, public, and hybrid environments. Rackspace Technology offers comprehensive multicloud services via its two main segments: Multicloud Services, which include managed public and private cloud hosting on platforms like AWS, Microsoft Azure, and Google Cloud; and Apps & Cross Platform, encompassing managed applications, security solutions, data services such as database modernization, data migration, business intelligence, anomaly detection, computer vision, conversational AI, and intelligent document processing. Additional professional services cover cloud strategy design, application modernization, data platform development, DevOps practices, and the Foundry for AI by Rackspace (FAIR™) for generative AI deployment, anomaly detection, and AI-driven efficiencies. The company partners strategically with hyperscalers like AWS, Azure, and Google Cloud to deliver optimized migrations, governance via Rackspace Fabric™, and specialized workloads. Recent developments include the appointment of Gajen Kandiah as CEO in September 2025, replacing Amar Maletira, and relocation of its San Antonio global headquarters to RidgeWood Plaza II in January 2024. In December 2025, Rackspace Technology received the 2025 AWS Collaboration Partner of the Year award for its partnership with MontyCloud, achieving a 60% reduction in deployment cycles and 45% operational efficiency gains for clients, while also earning finalist status in AWS Data and Analytics Consulting and Public Sector Solution Provider categories. The company maintains leadership recognition in ISG Provider Lens reports for 2025 across Microsoft, private/hybrid cloud, cybersecurity, and Google Cloud ecosystems, alongside ongoing expansions in AI and multicloud managed services.
RXT Investors Have Opportunity to Join Rackspace Technology, Inc. Fraud Investigation with the Schall Law Firm
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Securities Fraud Investigation Into Rackspace Technology, Inc. (RXT) Announced – Shareholders Who Lost Money Urged to Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm
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