What do analysts and cloud bloggers make of Rackspace’s acqusition of Jungledisk and Slicehost? Here’s a roundup. Read More
Rackspace (RAX) has acquired online backup company JungleDisk and developer-focused virtual server company Slicehost to hasten its expansion into the cloud. Read More
Rackspace (RAX) has borrowed an additional $150 million on its revolving line of credit, citing “uncertain economic conditions in the credit and bank markets.” Read More
Rackspace (RAX) executives said stepped-up customer acquisition helped the company meet revenue goals amid a slowing economy. Read More
Rackspace spent two years scouting sites in the Asia/Pacific region before deciding to lease space in Hong Kong. Read More
Rackspace will continue to expand its data center network, but is still deciding on plans for its next U.S. facility.
Here’s a roundup of day-after analysis of Friday’s IPO by Rackspace (RAX).
Rackspace is trading lower in early action, with shares of RAX at $11.15 after 90 minutes of activity.
Rackspace Hosting, Inc. (RAX) announced late Thursday that its IPO will be priced at $12.50 per share, near the low end of the expected range of $12 to $16.
A look at what the financial blogs and news sites are saying about tomorrow’s IPO for Rackspace (RAX).
Additional Rackspace Hosting Articles
- As IPO Nears, Rackspace Eyes the Cloud
- Rackspace IPO Priced at $12 to $16
- Rackspace Expands With Hong Kong Data Center
- Rackspace Warns Rivals on AdWords Ads
- Power Outage Affects Rackspace Customers
- Mosso Announces Cloud Storage Service
- Rackspace IPO Will Fund New Data Centers
- Rackspace Confirms $400 Million IPO