Recent events
Recent events tied to this brand in public sources.
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2026
Rackspace sued in securities fraud class action over AI effort disclosures
A securities fraud class action was filed against Rackspace Technology, Inc. and certain senior executives in the U.S. District Court for the Southern District of New York, alleging the company misled investors about its AI efforts and their impact on financial performance after its stock fell 33.6% on July 9, 2026. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934; the lead plaintiff deadline is September 28, 2026.
2021
Rackspace Technology appoints Shashank Samant to its board
Rackspace Technology announced that Shashank Samant was appointed to its board of directors, effective October 18, 2021.
2021
Rackspace Technology receives Dell Technologies EMEA expansion award
Rackspace Technology announced that it had received the Dell Technologies Global Alliances - Excellence in Expansion, EMEA Award 2021.
2020
Rackspace Technology files for IPO
Rackspace Technology filed for an initial public offering on Friday, July 10, 2020, according to the article; it did not specify the offering size.
2020
Rackspace changes its name to Rackspace Technology
Rackspace changed its name to Rackspace Technology, saying the new name reflects the end-to-end technology solutions it plans to provide.
2020
Rackspace wins VMware Global Partner of the Year award
Rackspace announced that it received VMware’s Global Partner of the Year Award in the Partner Social Impact category.
2019
Rackspace announced an agreement to acquire Onica
Rackspace announced an agreement to acquire Onica, an AWS partner specializing in cloud-native solutions. Rackspace expected the acquisition to close in the fourth quarter; financial terms were not disclosed.