Is Rackspace a private company?
Is Rackspace a private company? Rackspace has ended weeks of speculation about its future as a publicly traded company by confirming it will be acquired by private equity house Apollo Global Management for $4.3bn. New Rackspace president Jeff Cotten reveals details of what the future holds for the managed cloud company now it’s under new ownership.
Has Rackspace been sold?
Apollo Global Management acquired Rackspace Hosting for $4.3 billion in 2016 and took the business private.
Is Rackspace an American company?
Rackspace Technology, Inc. is an American cloud computing company based in Windcrest, Texas, an inner suburb of San Antonio, Texas.
Is Rackspace public or private cloud?
Our fully managed private clouds are supported by scores of certified experts for each platform we provide, in addition to 24x7x365 proactive monitoring by private cloud specialists.
