Rackspace Technology, a publicly owned company headquartered in the US, was founded in 1998 and employs approximately 7,880 individuals. The company specializes in IT Services and IT Consulting, functioning as an American cloud computing company.

Revenue

Founded

1998

Headcount

7,871

Headquarters

US

Primary Segment

IT Services and IT Consulting

Ownership

Publicly Owned

Deployments

2

News Summary:

On April 30, 2026, Rackspace Technology argued that organizations maintaining focus can forge a competitive advantage in AI initiatives, especially as many peers experience "AI fatigue" amid rapid technological advancements. This follows a Texas appeals court ruling on April 29, 2026, which kept intact a lawsuit filed by the billionaire co-founder of Rackspace Technology Inc., alleging his former attorney assisted his wife in a "contentious" divorce, asserting that the attorney cannot use the state's anti-SLAPP law to evade the suit.

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Rackspace Technology offers 4 products in the enterprise tech and telecoms tech industries. Rackspace Technology's product portfolio comprises of generative AI and enterprise security.
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Rackspace Technology's customers primarily consist of hospitals and Health Care and financial Services companies. Examples of Rackspace Technology's customers include Moody's Analytics and CNWL NHS Foundation Trust. Rackspace Technology has partners like Amazon Web Services (AWS).

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