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Stock impact report

Rackspace Technology and Mendix Partnership Demonstrates Commitment to Leveraging Innovative Technologies to Transform Businesses and New Growth Opportunities for Customers

Rackspace Technology, Inc. (RXT) 
Company Research Source: GlobeNewswire
SAN ANTONIO, June 25, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid, multicloud, and AI technology services company, today announced a strategic partnership with Mendix, a Siemens business and global leader in modern enterprise application development. Under the agreement, Rackspace will add Mendix’s market-leading low-code platform to its Rapid Application Development (RAD) offering. Through this partnership, Rackspace Technology will deploy managed service support for both private and public cloud for Mendix’s customers with access to all major cloud providers, private cloud infrastructure, and Artificial Intelligence (AI) with Foundry for AI by Rackspace (FAIR™) for application development. Rackspace Technology’s customers will benefit from the combination of Mendix's comprehensive digital transformation platform and Mendix will have access to Rackspace Technology’s small and midsize business (SMB) customers, commercial and enterprise Show less Read more
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