Intel to sell half its stake in virtualisation leader, VMware
November 5th, 2008 - Intel is set to sell half its stake in VMware, the forerunner in the virtualisation software market.
No reason has yet been given for the sale but the announcement follows shortly after the world's leading chipmaker sold one million of its 9.5 million shares in VMware at the end of October.
Cisco Systems and EMC Corp received 500,000 shares apiece at $26.52 in the agreement.
Rackspace Announces Full Suite of Cloud Hosting Offers
Austin,TX - October. 22, 2008 - Rackspace® Hosting (NYSE:RAX), the world's leading hosting services provider, today unveiled its cloud hosting strategy which extends the company's technology and service leadership to cloud hosting. In support of its new cloud hosting strategy, the company announced it has agreed to acquire Slicehost and Jungle Disk, and has established relationships with Limelight Networks, Inc. (NASDAQ: LLNW) and Sonian Networks to provide more robust service offerings.
Rackspace Adds Virtualisation to Hosting Portfolio in EMEA
London,UK - September 11, 2008 - Rackspace® Hosting the world's leader in hosting, today announces enterprise-class support of dedicated virtualised servers as part of its ongoing virtualisation initiative in EMEA. The virtualisation platform, built on VMware's third-generation virtualisation software suite, maximises hardware investment with better utilisation of servers through virtual machines.
Rackspace Hosting Expands into Asia
Hong Kong - September 8, 2008 - Rackspace® Hosting (NYSE: RAX), the world's leader and specialist in hosting services, today announced the opening of its Asian headquarters and data centre in Hong Kong. This expansion into Asia marks the Company's continued investment in superior customer service and exhibits its confidence in the business opportunity that Asia represents.
Rackspace Hosting Launches New Hosted Exchange Offering
London,UK - 28 August, 2008 - Rackspace® Hosting, a leading hosting services provider, today announced it has launched its Hosted Exchange service to meet the growing demand from businesses looking to outsource their email service.
The new service is based on Microsoft Exchange Server 2007, the world's most popular business messaging platform and is backed up by Rackspace's award winning Fanatical Support® customer service.
Rackspace to Host Lifetime Memories Site World Legacy
London,UK - 21 August 2008 - Rackspace Hosting, Inc. (NYSE: RAX), a leading hosting services provider, today announced that World's Legacy, a new worldwide concept to store life stories digitally, has selected Rackspace for backup and storage. The digital platform where anyone can leave his or her life story, including photos, videos and audio clips, chose Rackspace because of its high quality levels.
Rackspace Prices Initial Public Offering of Common Stock
San Antonio, TX - August 7, 2008 - Rackspace Hosting, Inc. (NYSE: RAX) today announced the initial public offering of 15,000,000 shares of its common stock at a price of $12.50 per share. Rackspace will offer 12,700,000 shares of its common stock in the offering and the selling stockholders will offer an additional 2,300,000 shares of common stock in the offering. Rackspace and the selling stockholders have also granted the underwriters a 30-day option to purchase up to an additional 2,250,000 shares to cover over-allotments.
Rackspace IPO Auction Launches
San Antonio,TX - July 29, 2008 - Rackspace® Hosting, Inc. today announced that the auction for its proposed initial public offering of its common stock has commenced. Rackspace announced that it expects the offering to price after the stock market closes on or about Thursday, August 7, 2008.
Rackspace Helps Customers Become PCI Compliant with Comprehensive Solution
London, UK - July 14, 2008 - Rackspace® Hosting, a leading hosting services provider, today announced the release of a suite of hardware, software and professional services that helps customers achieve Payment Card Industry (PCI) compliance. Instead of having to assemble various pieces of a PCI solution individually, Rackspace is providing a PCI toolbox that will assist customers in becoming compliant to the PCI Data Security Standard (DSS).
Rackspace Begins New Chapter in Europe with Opening of EMEA Data Centre
London,UK - 9 June 2008 - Rackspace Hosting, a leading hosting services provider, will today (June 9) open its new EMEA data centre in Slough. Gordon Frazer, MD of Microsoft UK, will speak at the opening.
The new facility is Rackspace's first solely managed data centre in Europe and will provide approximately 50,000 sq ft of data centre space.
Rackspace strengthens executive team with new HR Director appointment
London,UK - 5 June 2008 - Rackspace® Hosting (http://www.rackspace.co.uk/), the world's hosting leader, has announced the appointment of Alison Grace as HR director for Europe, Middle East and Africa (EMEA). In this newly created position, Alison will be responsible for driving forward the people agenda to support the business in delivering Fanatical Support®.
Rackspace named among the best places to work
London, UK - 3 June 2008 - Rackspace® Hosting, the world's leader in hosting, has been named as one of the UK's top 50 workplaces in the prestigious Financial Times Best UK Workplaces awards.
This is the fourth year running in which Rackspace has been recognised in the awards. This year Rackspace was also named in the top five most welcoming companies to work for.
Produced by the Great Place to Work® Institute UK, the report is based on the world's largest annual labour force study.
Portaltech announces partnership with Rackspace® and hybris to offer SaaS-based eCommerce solution to retailers
London,UK - 23 April 2008: Portaltech (www.portaltech.co.uk), a leading UK eCommerce Systems Integrator and Consultancy, has today announced a partnership with Rackspace (www.rackspace.co.uk) and hybris (www.hybris.com) to offer a SaaS-based end to end cCommerce platform based on the hybris QuickLive solution.
Cloud Conundrum Causes Corporate Confusion
26 January 2008 - Businesses are in danger of missing out on the cloud revolution because they don't understand the concept, a survey released today by Rackspace has revealed. The findings show that more than half of UK (57%) and US (58%) businesses are unaware of the term cloud hosting.