Core Insights - Rackspace Technology has made significant progress towards its net-zero carbon emissions targets, showcasing its commitment to sustainability and alignment with the United Nations Sustainable Development Goals (SDGs) [1][2][14] Sustainability Achievements - In 2025, Rackspace achieved a 10% reduction in total emissions from its 2023 baseline, with a notable 20% decrease in Scope 1 and Scope 2 emissions, and a 9% reduction in Scope 3 emissions [2][11] - The relocation of its headquarters in San Antonio, Texas, resulted in an 80% reduction in facility emissions, saving 6,007 tons of CO₂e from 2023 to 2024 [11] - Approximately 80% of Rackspace's global data centers are powered by renewable energy, with plans to reach 100% through initiatives like RE100 and strategic energy partnerships [11] Operational Efficiency - Upgrades at the Dallas/Fort Worth data center improved energy performance, reducing power consumption by approximately 1,700 MWh between 2023 and 2024 [11] - The company has implemented a circular IT lifecycle policy to promote recycling, upcycling, and waste reduction [11] Employee Engagement and Community Impact - Rackspace has empowered its workforce with over 13,000 technical certifications in cloud and sustainability skills since 2023, with 95% of employees AI-ready certified [11] - The company has raised over $8 million for education through the Rackspace Foundation, supporting more than 10,000 students with STEM and holistic programs [11]

Core Viewpoint - Rackspace Technology will release its third quarter 2025 financial results on November 6, 2025, after market close, with a conference call scheduled for the same day to discuss the results [1]. Group 1: Financial Results Announcement - The financial results for Q3 2025 will be announced after market close on November 6, 2025 [1]. - The conference call to discuss the financial results will be hosted by CEO Gajen Kandiah and CFO Mark Marino at 5:00 PM ET on November 6, 2025 [1]. Group 2: Accessing the Conference Call - Interested parties can access the live webcast or replay through the company's Investor Relations website [2]. - Pre-registration is required to obtain the dial-in number for the conference call, and registrants will receive a PIN for access [2]. Group 3: Company Overview - Rackspace Technology is recognized as a leading end-to-end hybrid cloud and AI solutions provider [3]. - The company specializes in designing, building, and operating cloud environments across various technology platforms, regardless of the technology stack or deployment model [3]. - Rackspace Technology partners with customers throughout their cloud journey, assisting in application modernization, new product development, and the adoption of innovative technologies [3].

The retailer’s strategic cloud adoption includes migrations to two public cloud platforms, backed by Rackspace managed services Total Wine & More Total Wine & More Partners with Rackspace Technology to Optimize Performance and Accelerate Innovation Across Its Retail Operations SAN ANTONIO, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology®, a leading end-to-end hybrid cloud and AI solutions company, today announced Total Wine & More, America’s Wine Superstore®, has partnered with Rackspace to advanc ...

Core Points - Rackspace Technology has been awarded the UK Armed Forces Covenant's Defence Employer Recognition Scheme (ERS) Silver Award for its exceptional support to the armed forces community, including reservists, veterans, and military families [1][5][8] Group 1: Company Commitment - The company has implemented supportive employee policies that go beyond the UK Armed Forces Covenant commitments, promoting defense values and advocating for service personnel in the civilian workforce [2][7] - Rackspace Technology expresses pride in supporting those who serve or have served in the Armed Forces and their families, emphasizing a commitment to ensuring employee policies support active reservists, veterans, and their families [2][7] Group 2: Recognition Details - The Silver Award was received in a ceremony held in September, highlighting the company's dedication to military support [8] - The award recognizes various policies, including paid leave for reservist training and mobilization, active veteran recruitment and retention policies, and flexible support for military families [7][8] Group 3: Company Overview - Rackspace Technology is a leading provider of end-to-end hybrid cloud and AI solutions, capable of designing, building, and operating cloud environments across major technology platforms [3] - The company partners with customers at every stage of their cloud journey, enabling modernization of applications and adoption of innovative technologies [3]

Rackspace Technology Inc. (NASDAQ:RXT) is one of the worst-performing data center stocks in 2025. At the top of our list, Rackspace’s stock has declined by over 45% over the last year, and 2025 hasn’t been much different so far. The company has faced several challenges lately, including slowing growth, mounting losses, a lack of transformational deals, and significant leverage. The company is making efforts to stabilize its private cloud revenue and expand its presence in mid-market and enterprise segment ...

Core Insights - Rackspace Technology has achieved the Amazon Web Services (AWS) Automotive Competency, showcasing its expertise in supporting automotive companies and their suppliers in digital transformation on AWS [1][2][4] Company Achievements - The AWS Automotive Services Competency recognizes AWS Partner Network (APN) members with deep technical expertise and proven customer success in the automotive industry [2] - Achieving the AWS Automotive Competency reflects over five years of collaboration with Original Equipment Manufacturers (OEMs) and Tier 1 suppliers globally [3] - Rackspace Technology has modernized a major German automotive OEM's legacy shopfloor IT on AWS, implementing an event-driven data pipeline for real-time visibility into shopfloor machinery data [3] Industry Impact - The implementation of new technologies enables faster operator response and prepares the company for predictive maintenance, aligning with Industry 4.0 standards [3] - This achievement reinforces Rackspace Technology's position as a trusted partner for leading automotive companies and highlights its ongoing investment in industry-specific solutions [4]

Core Insights - Rackspace Technology announced the appointment of Gajen Kandiah as the new CEO and granted him inducement equity awards [1][2] Equity Awards - Mr. Kandiah received 4,000,000 restricted stock units (RSUs) and non-qualified stock options to purchase 6,000,000 shares of common stock [2] - The stock options have an exercise price of $1.30 per share, equal to the closing price on the grant date, with a maximum term of ten years [2] - The RSUs and stock options will vest in equal annual installments on September 3 for the years 2026, 2027, 2028, and 2029, contingent on Mr. Kandiah's continued employment [2] Compliance and Approval - The equity awards were granted as an inducement material to Mr. Kandiah's employment, in accordance with Nasdaq Listing Rule 5635(c)(4) [3] - The awards were approved by a majority of the independent members of the board of directors, outside of the shareholder-approved equity incentive plan [3] Company Overview - Rackspace Technology is a leading provider of hybrid multicloud technology services and AI solutions, focusing on designing, building, and operating cloud environments across major technology platforms [4] - The company partners with customers at every stage of their cloud journey, enabling modernization of applications, product development, and adoption of innovative technologies [4]

Core Viewpoint - Rackspace Technology has appointed Gajen Kandiah as the new CEO, effective September 3, 2025, to lead the company's AI-first multicloud strategy and enhance customer outcomes across various cloud environments [1][11]. Company Leadership - Gajen Kandiah succeeds Amar Maletira, who has been CEO since September 2022 and will transition to Vice Chairman of the Board [3][11]. - Kandiah has extensive experience in services, infrastructure, software, and AI, previously serving as President and COO of Hitachi Digital and CEO of Hitachi Vantara [4][6]. Strategic Focus - Under Kandiah's leadership, Rackspace will prioritize measurable customer outcomes in highly-regulated sectors and accelerate innovation in cloud management and private AI [5][6]. - The company aims to deepen partnerships with major cloud providers and enhance execution across sales, delivery, and operations [5][6]. Company Background - Rackspace Technology is recognized as a leading provider of end-to-end hybrid multicloud technology services and AI solutions, partnering with customers throughout their cloud journey [7].

Core Insights - Rackspace Technology and SMPL-C have formed a strategic partnership aimed at enhancing compliance automation for organizations working with federal agencies, particularly in relation to Cybersecurity Maturity Model Certification (CMMC) requirements [1][2][3] Group 1: Partnership Overview - The partnership will be facilitated through Rackspace Technology Government Solutions, focusing on secure, CMMC-authorized cloud infrastructure and compliance services [1] - The collaboration aims to simplify the compliance process by integrating SMPL-C's intelligent documentation and workflow engine with Rackspace's secure cloud infrastructure [2] Group 2: Benefits of the Partnership - The partnership seeks to create a unified ecosystem that simplifies and accelerates the CMMC compliance journey, addressing challenges faced by organizations that currently navigate compliance in silos [3] - By automating the documentation process, the collaboration aims to reduce costs associated with CMMC compliance for the defense sector [4] Group 3: Services Offered - Enterprises will benefit from automated gap assessments, documentation, and evidence tracking for CMMC certification [8] - Rackspace's CMMC-aligned environments and multicloud expertise will provide secure cloud hosting solutions [8] - The partnership offers ongoing advisory and support, ensuring continuous guidance and remediation from both Rackspace and SMPL-C [8]

Core Insights - Rackspace Technology announced enhancements to its Rackspace Cyber Defense Center (RCDC) that leverage AI for improved threat detection and remediation across various cloud environments [1][4] - The Rackspace AI Security Engine (RAISE) integrates human expertise with machine learning to enhance cybersecurity operations, enabling faster and more precise responses to threats [2][5] - RAISE employs a closed-loop model of adaptive intelligence that continuously learns from incidents, improving detection and response capabilities over time [3] Company Developments - The RCDC combines operational expertise with advanced telemetry insights and proprietary technology to provide continuous real-time protection against evolving threats [4] - Rackspace has been recognized as a leader in cybersecurity by the Information Services Group (ISG) in its 2025 Provider Lens™ report, excelling in Strategic Security Services, Next-Gen SOC MDR Services, and Technical Security Services [4] - ISG highlighted RAISE's capabilities in accelerating threat detection and response while minimizing manual overhead, thus enhancing incident triage and reducing response times [5]