By LAURA LOREK Reporter with Silicon Hills News Officials with Rackspace and Intel Thursday officially cut the ribbon on the OpenStack Innovation Center at Rackspace’s headquarters. “We are going to make this the launching pad to make OpenStack and the entire cloud available to everyone in the industry,” said Imad Sousou, vice president of the […]
Rackspace’s Thanksgiving Day Food Drive Helps Needy Families
November 22, 2014 by 3 Comments
By LAURA LOREK Reporter with Silicon Hills News A voucher for a free turkey and a box of food items from Rackspace came as a surprise to Robin Dysart. Crestview Elementary School sent the voucher home with her daughter. “It means the world to us, we’ve been having some difficulties for the last few years,” […]
Rackspace’s Chairman Invests Millions in its Stock
November 21, 2014 by Leave a Comment
Rackspace Chairman Graham Weston has been bullish on his company since he made his initial investment to found the hosting company in 1999. And now, he’s investing even more in the San Antonio-based managed cloud company. This week, Weston announced he has purchased $2.5 million or 58,400 shares of the company’s stock on the open […]
TEDxSanAntonio Sparks a City of Ideas
October 19, 2014 by Leave a Comment
By LAURA LOREK Founder of Silicon Hills News San Antonio has evolved into the City of Ideas, said Graham Weston, chairman of Rackspace. “The whole genesis of TED is about sparking ideas and spreading ideas and that happens every year at TEDxSanAntonio,” Weston said This is a culture Rackspace wants to be a part of, […]
Bloomberg Reports CenturyLink is Considering Acquiring Rackspace
September 8, 2014 by Leave a Comment
Rackspace Hosting’s stock closed up nearly 7 percent on Monday after Bloomberg News reported the company was talking to CenturyLink, a Louisiana-based Internet and telecommunications company, about a possible buyout. Rackspace’s stock, traded under the symbol RAX on the New York Stock Exchange, closed at $39.79 on Monday. Citing sources familiar with the talks, Bloomberg […]
Rackspace Goes Back to Customer Service Roots With Managed Cloud Offering
July 15, 2014 by Leave a Comment
Rackspace Hosting has always prided itself on its customer service. The San Antonio-based web hosting company grew by offering “fanatical” customer service in an industry not known for providing excellent customer service. Today, Rackspace announced a new move to rebrand itself by focusing on its “fanatical customer service” for managed cloud services. The announcement comes […]
Rackspace to Move 570 Employees into Austin Mall
July 12, 2014 by Leave a Comment
Rackspace Hosting is known for innovating in old malls. The San Antonio-based hosting company moved into the former Windsor Park Mall in Windcrest in 2007. Rackspace transformed the defunct and dilapidated mall into a vibrant and dynamic space with a slide, cafeteria, wide open spaces and a conference center for its tech community. Now the […]
San Antonio Ranks Third on Forbes List of the Nation’s Tech Hot Spots
May 17, 2014 by Leave a Comment
Forbes names San Antonio-New Braunfels as one of America’s technology hot spots. The greater San Antonio area earned the number three spot on the list behind number one, Washington, D.C. and number two, Riverside, Calif. Forbes reported that San Antonio-New Braunfels gained 18.3 percent in Science, Technology, Engineering and Math jobs between 2011 and 2012. […]
Rackspace Entertains Buyout Offers
May 17, 2014 by Leave a Comment
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 […]
UTSA Hosts the Open BigCloud Symposium
May 7, 2014 by Leave a Comment
By LAURA LOREK Founder of Silicon Hills News Some of the biggest trends in technology today are the cloud, a fancy name for data centers, and big data, the massive bits and bytes of information flowing through those data centers. At the University of Texas at San Antonio, more than 100 people met Wednesday to […]
