Rackspace Hosting
(NYSE: RAX)
36.34
-1.31
-3.48%
-1.31
-3.48%
MORE ON RAX
COMPANY INFORMATION
| Exchange: | New York Stock Exchange |
| Stock: | Rackspace Hosting, Inc. |
| Industry: | Information Technology Services |
| Employees: | 4,852 |
DESCRIPTION
| Rackspace Hosting, Inc. was incorporated in Delaware on March 7, 2000 under the name Rackspace.com, Inc. It is the open cloud company, delivering open technologies that power more than 200,000 business customers in 120 countries. The Company and other cloud computing companies free its business customers from much of the expense and hassle of owning and managing their own computer hardware and software. It offers a portfolio of cloud computing services, including Public, Dedicated and Private Cloud, and Hybrid Hosting. Public Cloud refers to pooled computing resources delivered on-demand over the Internet. Dedicated Cloud, also known as "managed hosting," refers to IT services that the company provide on a server or servers reserved for a specific customer. Private Cloud refers to a pool of computing resources that is virtualized for greater efficiency and nimbleness but that is dedicated to one particular customer rather than being used by multiple customers. Hybrid Hosting are pioneers in this emerging category, which allows a customer to easily and seamlessly utilize the benefits of both Dedicated Cloud and Public Cloud. Its service suite is sold via direct sales teams, through third-party channel partners and via online ordering. The Company’s marketing activities include web-based paid and natural search, participation in technology trade shows, conferences and customer events, advertisements in traditional and electronic (web and email-based) media, and targeted regional public relations activities. The Company is subject to U.S. federal income tax and various state, local, and international income taxes in numerous jurisdictions. |
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