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:

Rackspace customers faced a 400% increase in email hosting costs, from $2.99 to $10 per mailbox per month, on invoices received in January 2026, with only six weeks' notice. This price adjustment caused one reseller's monthly bill to rise from $2,400 to $5,100, reportedly impacting their margins. Previously, on March 12, 2026, Rackspace Technology and Uniphore announced a partnership to reengineer enterprise AI through an Infrastructure-to-Agents architecture. This architecture focuses on production-scale governance and measurable results, reflecting a broader industry shift from discussing AI’s potential to its practical performance within business systems. This reengineering initiative follows the strategic partnership between Rackspace and Uniphore, initially announced on March 10, 2026, which aims to define a new category of Infrastructure-to-Agent architecture and accelerate enterprise AI adoption.

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Rackspace Technology offers 4 products in the telecoms tech and enterprise tech industries. Rackspace Technology's product portfolio comprises of enterprise security and generative AI.
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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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