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Stock impact report

Rackspace Technology Delivers on Long-standing Commitment to OpenStack Community with Launch of OpenStack Enterprise

Rackspace Technology, Inc. (RXT) 
Company Research Source: GlobeNewswire
SAN ANTONIO, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end, hybrid, multicloud, and AI solutions company, today announced a reaffirmation of its long-standing commitment to OpenStack® with the launch of Rackspace OpenStack® Enterprise, the only fully-managed, enterprise-ready cloud solution built from the ground up to ensure critical workloads are secure, efficient, and perform at scale. Rackspace’s investment in OpenStack empowers businesses to prioritize innovation over infrastructure, offering cloud flexibility at a fraction of the cost of competitors. Customers leveraging OpenStack Enterprise also benefit from Rackspace’s unparalleled support and expertise, ensuring peak performance and efficiency across their cloud environments. “Enterprises are seeking cost-effective, flexible cloud alternatives that provide a high degree of control, aligned with open-source principles and community-driven innovation,” said Josh Villarreal, Genera Show less Read more
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