Last $44.96 USD
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12/24/14 - $48.48
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05/9/14 - $26.18
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rackspace hosting inc (RAX) 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; 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.

5,939 Employees
Last Reported Date: 11/10/14
Founded in 1998

rackspace hosting inc (RAX) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $374.9K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $359.6K
Chief Operating Officer and Senior Vice Presi...
Total Annual Compensation: $363.3K
Total Annual Compensation: $400.0K
Compensation as of Fiscal Year 2013.

rackspace hosting inc (RAX) Key Developments

Rackspace Announces Support for Fully Managed Microsoft SQL Server 2014 Solution

Rackspace announced support for Microsoft SQL Server 2014 In-Memory Online Transaction Processing (OLTP) and AlwaysOn Availability. With Rackspace DBA Services, customers can now use Rackspace database administrators (DBA) to rapidly migrate or upgrade existing workloads to SQL Server 2014 In-Memory OLTP on the Rackspace Managed Cloud. Customers can rapidly scale up performance, drive greater database consolidation density and help reduce total cost of ownership. Rackspace currently powers more than 10,000 compute instances running Microsoft SQL Server on its private and public clouds. By combining In-Memory OLTP with Managed High Availability, Rackspace can help customers speed up OLTP workloads to up to 30x while providing maximum uptime. Rackspace DBA Services offers database administrators and database architects on demand with simple pricing and multiple tiers of Fanatical Support font-weight: bold; For a fraction of the cost of a full time database administrator (DBA), Rackspace offers dedicated expertise available 24x7x365 to enable rapid migration, upgrades and ongoing maintenance of In-Memory OLTP. With a Managed Private Cloud powered by Microsoft Cloud Platform [4], and the built in Database-as-a-Service capability, customers can take advantage of a fully managed, physically isolated private cloud environment that allows customers to programmatically spin up SQL Server 2014 databases on demand. Customers can also strengthen their high availability and disaster recovery capabilities by choosing from an increased number of availability groups including Microsoft Azure as a designated disaster recovery location. Rackspace certified DBAs can provide the deep expertise customers need for their MySQL, Oracle and Microsoft SQL Server databases running on dedicated hardware or Rackspace Cloud Servers. With Rackspace DBA Services, customers also have the option to take advantage of an additional layer of assistance including database architecture and design, administration, monitoring and troubleshooting.

Rackspace Appoints Kevin Costello to Board of Directors

Rackspace announced that Kevin Costello has joined the board of directors. Costello served as the president of Ariba, Inc. for six years. During his tenure at Ariba, Costello provided strategic vision and operational guidance that helped transform the company into a leading global provider of cloud computing and commerce management solutions.

Oddbins Uses Rackspace Managed Cloud Services to Upgrade eCommerce Infrastructure

Rackspace announced that Oddbins has begun using Rackspace Managed Cloud services to power its website as it stocks up ahead of the festive season and beyond. Oddbins has upgraded its eCommerce infrastructure to a Rackspace dedicated solution, which is, according to Oddbins, five times faster than the one its previous vendor provided. The new solution offers a managed web application stack, enhanced security and the unmatched performance of a bare metal server to support the firm's ambitious growth plans for 2015, by the end of which it aims to have doubled website sales. The technology comes with access to Rackspace 24/7/365 expertise from a team of specialists, which has given the internal team peace of mind that the website will perform to a high standard so they can focus on business goals such as expanding from the 45 stores currently occupied to over 100 by the end of next year. Oddbins decided to change its eCommerce strategy so that these targets could be achieved, which involved looking for a new hosting provider after facing a number of challenges when working with the previous vendor. One of these problems occurred when a bottle of wine from the Oddbins range was featured on television. As several hundred viewers visited the Oddbins website to buy the product, they were unable to add it to the online shopping cart due to a problem with the infrastructure and many sales were lost as a result.


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Price/Sales 3.7x
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Price/Cash Flow 14.2x
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