Rackspace Technology, Inc. is a publicly owned American company founded in 1998 and headquartered in Windcrest, Texas. Employing approximately 7,880 people, the company provides IT services and IT consulting. Its primary focus is cloud computing.
Rackspace announced plans to acquire Datapipe, a competitor in managed public and private cloud services, with the acquisition expected to close within the next quarter. This represents Rackspace's largest acquisition to date. Separately, market research from HTF MI detailed the Global AWS Managed Services Market, providing a market size overview for 2025-2032, and also released a Global MSP Services (Managed Service Provider Services) Market Study, offering a comprehensive market analysis and prognosis for 2025–2032. Ben Blanquera, VP of Technology and Sustainability at Rackspace Technology, commented on companies' increasing adoption of AI and their shift from pilot projects to broader digital transformations.
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Rackspace Technology offers 4 products in the telecoms tech and enterprise 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 financial Services and hospitals and Health Care 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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