Relationship to Broaden IT Buyers’ Access to Cloud-Based Services
SAN ANTONIO – November 2, 2011 – Rackspace® Hosting (NYSE: RAX), the service leader in cloud computing, today announced it willexpand its relationship with EMC by joining the EMC Velocity™ Service Provider Program to develop new cloud-based service offerings. The two companies have collaborated since 2001 to bring a full range of innovative solutions leveraging EMC’s portfolio of information infrastructure products including virtual storage and a range of cloud-based data management services.
“Our end-users will benefit from the relationship between EMC and Rackspace as it provides the IT solutions from both companies on one seamless offering while lowering costs,” said Jim Lewandowski, senior vice president of worldwide sales for Rackspace. “In the past, meeting computing needs meant you had to buy servers, hire technical talent and then continually reinvest to keep up with technology. Now the end-users can shift their focus to their mission-critical apps, core competencies and innovation while being supported by our hallmark Fanatical Support.”
With the expanded relationship the companies willwork together on new, joint solutions that will enable enterprises to optimize efficiencies and reduce costs. Through the Velocity Service Provider Partner Program, EMC will work with Rackspace to enable Rackspace to deliver a wide variety of cloud-based IT services to the global IT market.
Current service offerings include Rackspace managed Enterprise Private Clouds that are based on EMC Symmetrix VMAX™ and EMC VNX™ unified storage to deliver enterprise storage area networks. Additionally, Rackspace provides data replication services based on EMC RecoverPoint, EMC Data Domain®, and EMC Isilon® products. Rackspace also offers EMC solutions with Fanatical Support®, giving end-users a wider choice of cloud-based IT strategies and tactical advantages such as cost savings, flexibility and scalability coupled with world-class support to boost its efficiency.
“As long time partners, the expansion of our relationship to develop new cloud-based solutions is a natural evolution. Rackspace’s rock solid foundation and world class Fanatical Support combined with EMC’s portfolio of products that are optimized for virtual environments will enable Rackspace to deliver innovative cloud computing offerings,” said EMC’s Dennis Hoffman, Senior Vice President, Service Providers. “EMC is committed to working with service providers like Rackspace to deliver trusted, enterprise-class cloud services that allow our mutual customers to choose the right source for every IT workload.”
About Rackspace Hosting
Rackspace Hosting is the world’s leading specialist in the hosting and cloud computing industry, and the founder of OpenStack™, an open source cloud platform. The San Antonio-based company provides Fanatical Support® to its customers, across a portfolio of IT services, including Managed Hosting and Cloud Computing. Rackspace has been recognized by Bloomberg BusinessWeek as a Top 100 Performing Technology Company and was featured onFortune’s list of 100 Best Companies to Work For. The company was also positioned in the Leaders Quadrant by Gartner Inc. in the “2010 Magic Quadrant for Cloud Infrastructure as a Service and Web Hosting.” For more information, visit www.rackspace.com.
EMC,Velocity, Symmetrix VMAX, VNX, Data Domain and Isilon are registered trademarks or trademarks of EMC Corporation or its subsidiaries in the United States and other countries.
Forward Looking Statements
This press release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of Rackspace Hosting could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any statements concerning expected development, performance or market acceptance associated with our product offerings and services, including those provided by EMC; anticipated operational and financial benefits from our product offerings and services, including those provided by EMC; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions including the possibility that expected benefits from our product offerings and services may not materialize because our products are not generally accepted in the marketplace, which could occur due to certain factors including (i) a failure to market the product or services cost effectively, differentiate the product from competitive products or communicate differentiations effectively, (ii) the reliability, quality or compatibility associated with our products and services, (iii) changes in technology which adversely affect the benefits of our products or services, and (iv) other risks that are described in Rackspace Hosting’s Form 10-Q for the quarter ended June 30, 2011, filed with the SEC on August 8, 2011. Except as required by law, Rackspace Hosting assumes no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.