Rackspace Technology Inc (RXT)

Rackspace Technology, Inc. is a common stock listing on NASDAQ for a company focused on hybrid cloud and artificial intelligence solutions. The business operates in the United States, the United Kingdom, and other international markets through two segments: Public Cloud and Private Cloud. Its offerings include infrastructure for compute, network, storage, and data protection; cloud operating systems; platform-as-a-service; and private cloud solutions and services such as managed, professional, elastic engineering, and security support. Rackspace Technology also provides cloud strategy, migration, modernization, application, and data services, along with cloud security and privacy capabilities across multiple platforms. In addition, the company offers Rackspace AI and related services to support enterprise AI adoption. Its customers span industries including financial services, government, healthcare, manufacturing, education, consumer goods, oil and gas, SaaS, and non-profit sectors. Founded in 1998, the company is headquartered in San Antonio, Texas, and was formerly known as Rackspace Corp.

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