Rackspace Technology, Inc. RXT

What this company does

Rackspace Technology designs, integrates, and operates infrastructure, data foundations, and software platforms, from edge to core to cloud, intended to deliver business outcomes with predictable cost, resilience, security, and compliance. As of December 31, 2025, Rackspace Technology served over 75,000 customers across 120 countries. As of December 31, 2025, Rackspace Technology employed approximately 5,000 employees, referred to as Rackers, in 22 countries, including 1,800 in North America, 800 in EMEA, and 2,400 in APJ. Its corporate headquarters are located in San Antonio, Texas. Effective January 1, 2023, Rackspace Technology reorganized around a two-business-unit operating model, Public Cloud and Private Cloud, which also became its two reporting segments. The Public Cloud segment addresses the management of applications and data on the AWS, Microsoft Azure, and Google Cloud public clouds, bundling the underlying public cloud infrastructure with managed services and proprietary tools. Rackspace Technology's predecessor company was founded in 1998 and focused primarily on providing outsourced, dedicated IT infrastructure for small and mid-sized businesses.

Written from the business description in RACKSPACE TECHNOLOGY, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 6 March 2026. Every sentence was checked against that document before publication.