Rackspace Hosting may be sold. The San Antonio-based company hired Morgan Stanley to evaluate potential partnerships and acquisitions. “In recent months, Rackspace has been approached by multiple parties who have expressed interest in exploring a strategic relationship with Rackspace, ranging from partnership to acquisition,” according to a statement filed with the Securities and Exchange Commission […]
Rackspace Co-Founder Pat Condon on Startup Grind San Antonio
At the age of five, Patrick Condon, co-founder of Rackspace, remembers stocking the shelves at his parents video rental store. It was his first memory of seeing how business works. He also walked dogs, mowed lawns and threw papers. In college, he would buy computer parts cheap and then sell them on America Online and […]
The WP Engine team knows how to have fun
Back in February, Susan Lahey did this profile of WP Engine, the wordpress hosting site founded by Jason Cohen. The startup is growing by leaps and bounds. And today they posted a video showing their team spirit and showcasing why Austin is a great place to work. The entire staff ran a 5K around Town […]
TechStars Cloud Demo Day blasts off today in San Antonio
Three months ago, a group of entrepreneurs moved into Geekdom in downtown San Antonio. Since then, the inaugural TechStars Cloud participants have been toiling away and working to create blockbuster cloud businesses that will change the world. Some have iterated, pivoted and overhauled their operations countless times. Names have changed. Teams have mixed it up. […]
Rackspace opens its San Francisco office today
Rackspace Hosting, which started out as a small venture in San Antonio in 1998 has since developed into a global corporation with nearly 4,000 employees. I’ve covered the company since its early days. So it’s really thrilling to watch it launch a San Francisco office near the heart of Silicon Valley. Graham Weston, chairman of […]