Who is the CEO of Rackspace?
Kevin M. Jones –
Kevin M. Jones – Chief Executive Officer – Rackspace Technology | LinkedIn.
Who is Rackspace owned by?
Apollo Global Management LLC
Rackspace became public in 2008, and in 2016 was purchased and taken private by Apollo Global Management LLC. In June 2020 it changed its name to Rackspace Technology.
Where is Rackspace headquarters?
Windcrest, TXRackspace Technology / HeadquartersWindcrest is a city in Bexar County, Texas, United States. Its population was 5,364 at the 2010 census. It is part of the San Antonio metropolitan area. Wikipedia
Who is the CFO of Rackspace?
Amar Maletira
“I can’t imagine a more exciting time to join Rackspace Technology,” said Amar Maletira, president and CFO of Rackspace Technology. “The company is uniquely poised to accelerate as the leading pure play multicloud solutions provider.
Is Rackspace a good company to work for?
The employee experience below at Rackspace Technology™, compared to a typical company. 80% of employees at Rackspace Technology™ say it is a great place to work compared to 59% of employees at a typical U.S.-based company.
Is Rackspace a Fortune 500 company?
Went private, Nov….Company Info.
| CEO | William T. Rhodes |
|---|---|
| Industry | Internet Services and Retailing |
| HQ Location | San Antonio, TX |
| Website | http://www.rackspace.com |
| Years on Fortune 500 List | – |
Is Rackspace owned by Amazon?
Other key executives will receive similar compensation. Rackspace was acquired in 2016 by private equity giant Apollo Global Management for $4.3 billion. It came back to the public market last August. Rackspace is a key partner of Amazon’s AWS, the Internet giant’s largest profit driver.
When did Rackspace go public in 2020?
The shares are expected to begin trading on the Nasdaq Global Select Market under the ticker symbol “RXT” on August 5, 2020. The offering is expected to close on August 7, 2020, subject to customary closing conditions.
Does Rackspace pay well?
The average estimated annual salary, including base and bonus, at Rackspace is $118,938, or $57 per hour, while the estimated median salary is $107,771, or $51 per hour. Salaries contributed from Rackspace employees include job titles like Architect, Senior Developer, DevOps, and Developer.
How much debt does Rackspace have?
Rackspace is looking to use proceeds from a new $2.2 billion term loan, along with an additional $650 million in debt, “to repay all borrowings outstanding under the Company’s existing term loan facility,” according to the filing.
What happened to Rackspace technology?
In June 2020 it changed its name to Rackspace Technology. Then in August 2020, Rackspace Technology went public again under the symbol RXT on the NASDAQ market. In 1996, Richard Yoo started a small Internet service provider called Cymitar Network Systems out of his garage apartment in San Antonio, Texas.
What is the business model of Rackspace?
Rackspace Technology® is an industry leader in multicloud solutions across applications, data, security and infrastructure on the world’s leading cloud platforms. With nearly seven thousand employees worldwide, the company serves customers in more than 120 countries and generates $2.5 billion in annual revenue.
Where is Rackspace located in Texas?
In 2008, Rackspace moved its headquarters from a building once occupied by Datapoint Corporation to the then-unoccupied Windsor Park Mall in Windcrest, Texas. Rackspace’s Chairman, Graham Weston, owned the Montgomery Ward building in the mall until 2006 when it was sold to a developer.
Does Rackspace own SharePoint911?
On February 16, 2012, Rackspace acquired SharePoint911, a Microsoft SharePoint consulting company based in Cincinnati, Ohio. On May 25, 2017, Rackspace announced an agreement to acquire TriCore Solutions. On September 11, 2017, Rackspace announced plans to acquire Datapipe. On September 17, 2018, Rackspace announced it had acquired RelationEdge.