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Last $53.45 USD
Change Today -0.62 / -1.15%
Volume 897.1K
RAX On Other Exchanges
New York
As of 8:04 PM 05/5/15 All times are local (Market data is delayed by at least 15 minutes).

rackspace hosting inc (RAX) Key Developments

Rackspace Hosting, Inc. - Shareholder/Analyst Call

annual meeting of stockholders

Rackspace Hosting Launches Rackspace Content Delivery Network

Rackspace Hosting announced the launch of Rackspace Content Delivery Network (CDN). This new service is powered by Akamai Technologies. With the launch of the Rackspace CDN offering, Rackspace and Akamai are expanding their long-standing relationship to offer customers integrated, "one-click" access to Akamai's CDN services via the Rackspace portal. Rackspace CDN will help customers more easily and efficiently deliver entire websites or web applications with global scale and reliability through on-demand access to the Akamai Intelligent Platform.

Rackspace Launches UK Data Centre

Rackspace has unveiled its new UK data centre. Based in Crawley, West Sussex, the 130,000 square foot data centre will help to meet the growing demand for managed cloud services in the UK and Europe. The facility has been designed with the specific needs of Rackspace customers in mind, encompassing top speeds, availability and energy efficiency. The Crawley data centre was designed to maximise compatibility to and compliance with Open Compute Project standards. By using Open Compute Project designs, Rackspace has been able to realise outstanding scalability and energy efficiency opportunities in the hardware it deploys. The data centre delivers less weight, less waste and less wattage than traditional server designs. The new data centre, which is the size of two football fields and holds up to 50,000 physical servers, occupies a 15 acre site. The initial build was constructed in 15 months and took approximately 500,000 man hours. It provides 6MW capacity across two data suites, and will eventually comprise of four data suites with a total 12MW capacity. The site allows for further expansion up to 30MW, and a staggered build approach maximises year-on-year advances in technology and efficiency gains.

Rackspace Appoints Scott Crenshaw as Senior Vice President of Strategy and Product

Rackspace Hosting, Inc. named Scott Crenshaw as senior vice president of strategy and product, effective April 6, 2015. Crenshaw, who joins Rackspace from VeriSign, Inc., will oversee the company's corporate strategy, business development and product and engineering portfolio. He reports to Taylor Rhodes, president and CEO of Rackspace.

Rackspace Hosting, Inc., Annual General Meeting, May 06, 2015

Rackspace Hosting, Inc., Annual General Meeting, May 06, 2015., at 08:30 Central Standard Time. Location: Rackspace Corporate Headquarters, 1 Fanatical Place. Agenda: To elect three Class I Directors to serve for a term of three years and until their successors are duly elected and qualified, subject to their earlier death, resignation, or removal; to ratify the appointment of KPMG LLP, as the company's independent registered public accounting firm for the fiscal year ending December 31, 2015; and to transact such other business as may properly come before the meeting or at any and all adjournments, continuations or postponements.


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Valuation RAX Industry Range
Price/Earnings 70.7x
Price/Sales 4.3x
Price/Book 7.1x
Price/Cash Flow 16.1x
TEV/Sales 4.1x

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