Rackspace Technology Overview

  • Founded
  • 1998

Founded
  • Status
  • Public

  • Employees
  • 6,600

Employees
  • Stock Symbol
  • RXT

Stock Symbol
  • Investments
  • 25

  • Share Price
  • $5.81

  • (As of Thursday Closing)

Rackspace Technology General Information

Description

Rackspace Technology Inc is an end-to-end multi cloud technology services company. It designs, builds and operates its customers' cloud environments across all technology platforms, irrespective of technology stack or deployment model. The company's solutions include Application Services; Data; Colocation; Managed Cloud; Managed Hosting; Professional Services; and Security & Compliance. It operates in three reportable segments Multicloud Services; Apps & Cross-Platform; and OpenStack Public Cloud. It generates revenue through the sale of consumption-based contracts for its services offerings and from the sale of professional services related to designing and building custom solutions.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Systems and Information Management
Stock Exchange
NAS
Primary Office
  • 1 Fanatical Place
  • City of Windcrest
  • San Antonio, TX 78218
  • United States
+1 (800) 000-0000

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Rackspace Technology Stock Performance

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$5.81 $5.80 $5.40 - $18.50 $1.22B 211M 896K -$0.94

Rackspace Technology Financials Summary

In Thousands,
USD
TTM 30-Jun-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019
EV 5,237,663 6,602,832 7,629,897
Revenue 3,087,500 3,009,500 2,707,100 2,438,100
EBITDA 453,100 446,700 493,300 774,100
Net Income (196,800) (218,300) (245,800) (102,300)
Total Assets 6,208,200 6,328,700 6,377,800 6,272,400
Total Debt 3,946,000 4,029,700 4,064,800 4,405,800
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Rackspace Technology Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Rackspace Technology Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Rackspace Technology Inc is an end-to-end multi cloud technology services company. It designs, builds and operates its c
Systems and Information Management
San Antonio, TX
6,600 As of 2021
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0000000 000 00000000000 0000000000
Sandton, South Africa
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0000000 000 00000000000 0000000000
Zurich, Switzerland
00 As of 0000
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Rackspace Technology Competitors (65)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Tarsus On Demand Formerly PE-Backed Sandton, South Africa 000000000000
0000000000 Angel-Backed Zurich, Switzerland 00 0000000000
0000000 Venture Capital-Backed Helsinki, Finland 00 00.000 00000000000 00.000
00000000 (0000000) Private Equity-Backed Andover, MA 000 0000 000000000000
0000000 00000000 Private Equity-Backed Chicago, IL 000 00.00 000000000 00.00
You’re viewing 5 of 65 competitors. Get the full list »

Rackspace Technology Patents

Rackspace Technology Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20170364540-A1 Normalized searchable cloud layer Abandoned 25-Jul-2013 0
US-9747314-B2 Normalized searchable cloud layer Active 25-Jul-2013 00000000000 0
US-20150032756-A1 Normalized searchable cloud layer Granted 25-Jul-2013 00000000000 0
US-9628328-B2 Network controller with integrated resource management capability Active 15-Mar-2013 00000000000
US-20170257269-A1 Network controller with integrated resource management capability Abandoned 15-Mar-2013 H04L41/0806
To view Rackspace Technology’s complete patent history, request access »

Rackspace Technology Executive Team (72)

Name Title Board Seat Contact Info
Kevin Jones Chief Executive Officer & Board Member
Amar Maletira Chief Financial Officer, Finance & President
Subroto Mukerji Chief Operating Officer, Operations & Executive Vice President
Greg Hrncir Chief Operating Officer
Tolga Tarhan Chief Technology Officer, Technology
You’re viewing 5 of 72 executive team members. Get the full list »

Rackspace Technology Board Members (20)

Name Representing Role Since
00000 00000 Self Board Member 000 0000
00000 000000 Apollo Global Management Board Member 000 0000
000000 0000000 Self Board Member 000 0000
0000000 00000000 Apollo Global Management Board Member 000 0000
00000 00000 Rackspace Technology Chief Executive Officer & Board Member 000 0000
You’re viewing 5 of 20 board members. Get the full list »

Rackspace Technology Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Rackspace Technology Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Rackspace Technology Investments & Acquisitions (25)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000 00000000 18-Jan-2022 0000000000 00.00 Business/Productivity Software 00000 000
000000 00000 05-Nov-2020 0000000000 0000 Systems and Information Management 0ü0000 00
00000 04-Nov-2019 0000000000 00000 IT Consulting and Outsourcing 0000 0000
000000000000 17-May-2018 0000000000 Media and Information Services (B2B) 000000 00
Datapipe 16-Nov-2017 Buyout/LBO Systems and Information Management 000000 00
You’re viewing 5 of 25 investments and acquisitions. Get the full list »

Rackspace Technology Subsidiaries (5)

Company Name Industry Location Founded
Bright Skies Systems and Information Management Hamburg, Germany 2014
000000000000 Media and Information Services (B2B) San Diego, CA 0000
0000 000000000 Business/Productivity Software Singapore, Singapore 0000
00000 IT Consulting and Outsourcing Santa Monica, CA 0000
00000 Systems and Information Management San Antonio, TX
To view Rackspace Technology’s complete subsidiaries history, request access »

Rackspace Technology Exits (8)

Company Name Exit Date Exit Type Exit Size Status Buyers
00000 0000000000 0 30-Aug-2016 00000 00000 00 0000 Completed
  • 3 buyers
00000000000 13-Jul-2015 00000 00000 00 00000 Completed
  • 6 buyers
0000000 11-May-2015 0000 00000 00000 Completed
  • 2 buyers
0000000000 11-Mar-2014 000000000000000000 Completed
  • 000000000 00000000
Cloudant 14-May-2013 Early Stage VC 0000 Completed
  • 6 buyers
You’re viewing 5 of 8 exits. Get the full list »