Rackspace Technology

General Information


We are a leading end-to-end multi-cloud technology services company. We design, build and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies. We serve our customers with a unique combination of proprietary technology resulting from over $1 billion of investment and services expertise from a team of highly skilled consultants and engineers. And we provide our customers with unbiased expertise and technology solutions, delivered over the world’s leading cloud services, all wrapped in a Fanatical Experience.

Industry: Computer programming/ data processing
Employees: 6800
Founded: 2016
Contact Information
Address 1 Fanatical Place City of Windcrest San Antonio, TX 78218
Phone Number (210) 312-4000
Web Address https://www.rackspace.com
View Prospectus: Rackspace Technology
Financial Information
Market Cap $3476.7mil
Revenues $2483.9 mil (last 12 months)
Net Income $-93 mil (last 12 months)
IPO Profile
Symbol RXT
Exchange NASDAQ
Shares (millions): 33.5
Price range $21.00 - $21.00
Est. $ Volume $703.5 mil
Manager / Joint Managers Goldman Sachs/ Citigroup/ J.P. Morgan/ RBC Capital Markets/ Evercore
CO-Managers Barclays/ BMO Capital Markets/ Credit Suisse/ Deutsche Bank Securities/ HSBC/ Lion Tree/ Siebert Williams Shank/ Drexel Hamilton/ Apollo Global Securities
Expected To Trade: 8/5/2020
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change