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Last €47.96 EUR
Change Today -1.82 / -3.65%
Volume 0.0
R42 On Other Exchanges
As of 3:11 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

rackspace hosting inc (R42) Snapshot

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52 Week High
03/20/15 - €51.00
52 Week Low
05/12/14 - €18.80
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Current Stock Chart for RACKSPACE HOSTING INC (R42)

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rackspace hosting inc (R42) Details

Rackspace Hosting, Inc., through its subsidiaries, provides cloud computing services and managing Web-based IT systems for small and medium-sized businesses and large enterprises worldwide. The company’s service offering combines hosting on dedicated hardware and on multi-tenant pools of virtualized hardware in a way that suits each customer’s requirements. Its public cloud services refer to pooled computing resources delivered on-demand over the Internet. The company offers cloud servers for computing; cloud sites for Website hosting; cloud block storage and cloud files for storage; cloud databases for hosting MySQL instances; cloud backup for file protection; cloud load balancers for traffic management; cloud monitoring for infrastructure control; cloud DNS for domain management; cloud networks for security enhancement; and cloud applications, including email, collaboration, and file back-ups. Its dedicated cloud services include customer management portal and other management tools for managing the data center, network, hardware devices, and operating system software; and private cloud services comprise a pool of computing resources for a particular customer. The company also provides hybrid hosting, which enables customers to utilize any combination of dedicated and pooled resources and to manage them through its RackConnect service. It sells its service suite through direct sales teams, third party channel partners, and online ordering. The company was founded in 1998 and is headquartered in San Antonio, Texas.

5,936 Employees
Last Reported Date: 03/2/15
Founded in 1998

rackspace hosting inc (R42) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $571.5K
Co-Founder, Executive Chairman, and Member of...
Total Annual Compensation: $375.0K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $531.5K
Chief Operating Officer and Senior Vice Presi...
Total Annual Compensation: $396.2K
Vice President and General Counsel
Total Annual Compensation: $403.7K
Compensation as of Fiscal Year 2014.

rackspace hosting inc (R42) Key Developments

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. Settles Lawsuit Involving its Corporate Headquarters

A high-profile lawsuit involving the corporate headquarters of Rackspace Hosting Inc., has ended quietly in a settlement. The lawsuit spurred a Texas Rangers raid and a highly publicized trial that resulted in the acquittal of developer Gary Cain. This month, Rackspace reached a mediated settlement of its 2009 lawsuit that alleged it was defrauded in a deal involving its headquarters at the former Windsor Park Mall by Gary Cain and his partners on the project, businessman Michael White and lawyer Jeremy Hebert, both of Louisiana, and their companies. Gary Cain was accused in the suit of using some of the $2.8 million for various personal expenses, including for items at Victoria's Secret, jewelry, veterinary charges, doctor bills and marina charges. He also bought a Sunset Road office condominium for nearly $267,000, the suit said. Rackspace also alleged that a parcel of land, dubbed the Firestone tract, was shifted to a company controlled by Gary Cain while the cost of the property was passed on to Rackspace. The Bexar Appraisal District website shows the property is currently owned by Windcrest Firestone LLC. Buddin Properties LLC, a company headed by White and named in the Rackspace suit, is listed as an officer of Windcrest Firestone. The civil action sparked a criminal investigation that included the Texas Rangers and the Bexar County district attorney's office executing a search warrant at Gary Cain's Sunset Road condominium in 2010. Rackspace's lawsuit spawned a web of litigation, including a defamation suit filed by Gary Cain against Windcrest seeking at least $400 million in damages. He ultimately dropped the claim.

The Entertainer Plays Winning Game with Rackspace Managed Cloud to Boost Sales

Rackspace announced that it is providing its managed cloud services to The Entertainer so it can manage large traffic spikes and launch new services. The Entertainer was recommended to use a Rackspace Private Cloud to power its e-commerce offering through its work with Rackspace channel partner Conexus. The retailer has worked with Rackspace and Conexus to roll out a hybris omni-channel solution, which includes a same day Click and Collect service plus a responsive site design that enables mobile sales, driving large traffic spikes. These have become critical elements of the retailer's mission to enhance its online presence beyond the basic online store it previously relied on, in order to become the ultimate toyshop in the UK.


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Valuation R42 Industry Range
Price/Earnings 69.9x
Price/Sales 4.2x
Price/Book 7.0x
Price/Cash Flow 15.9x
TEV/Sales 4.0x

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