Rackspace provides hybrid clouds that enable businesses to run their workload in a public or private cloud.
The Rackspace Cloud is based on OpenStack, which is a global collaboration of developers and cloud computing technologists producing the ubiquitous open source cloud computing platform for public and private clouds.
On August 26, 2016 Rackspace was acquired by Apollo Global Management.
|FY, 2013||FY, 2014||FY, 2015|
|$1.5 b||$1.8 b||$2 b|
Revenue growth, %
|$133.1 m||$163.5 m||$206.1 m|
|$86.7 m||$110.6 m||$126.2 m|
Operating cash flow
|($32.3 m)||($46.2 m)||$271.2 m|