Rackspace Hosting

Rackspace Bringing Hybrid Cloud to CERN

A look at the ATLAS particle detector experiment at the Large Hadron Collider (LHC), the huge particle accelerator at CERN near Geneva, Switzerland. (Photo: Image Editor via Flickr)

Rackspace has entered into a contributor agreement with CERN openlab. During the year-long collaboration, Rackspace will deliver a hybrid cloud solution powered by OpenStack to help CERN advance its mission by enabling more in-depth research into the origins of the universe. Read More

Rackspace Shares Slide as Cloud Revenue Moderates

cloud-revenue-4q-2012

Shares of Rackspace Hosting are down nearly 20 percent in afternoon trading after the company’s earnings raised concerns that the rate of adoption for cloud computing services may be moderating. The slide reflects Wall Street’s high expectations for Rackspace, which saw its shares rise 72 percent in 2012 amid investor enthusiasm for cloud computing. Read More

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