12:11 PM Rackspace (RAX +2.1%) lands another big OpenStack customer: major European research organization CERN will rely on Rackspace to create an OpenStack-based hybrid cloud. CERN, which creates over 25PB of data annually, already uses Rackspace's public cloud services. The deal comes shortly after Fidelity tapped Rackspace to build an OpenStack-based hybrid cloud (it'll initially build a private cloud), and a few months after the company launched an interface/API for managing private clouds. Read comments
RAX price at time of publication: $38.70. Check RAX price now »
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Focus Articles on RAX
- Can IBM Save OpenStack? by Dana Blankenhorn
- Bear Of The Day: Rackspace Hosting by Zacks Investment Research
- Rackspace - As Long-Term Growth Story Remains Intact, Shares Should Find Support by The Value Investor
Press Releases on RAX
- Rackspace and CERN openlab Collaborate to Deliver "Big Bang" with Hybrid Cloud (Business Wire)
- Rackspace and 10gen Team up to Deliver First Cloud Platform Engineered for MongoDB Solutions (Business Wire)
- Rackspace Hires New Sales Leader to Drive Customer Acquisition (Business Wire)
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StockTalk on RAX: RAX StockTalk | Twitter RAX | Twitter $RAX | RAX Instablogs
Recent Market Alerts on RAX: All currents | Earnings | Dividends | M&A | On the move
Transcripts on RAX
- Rackspace Hosting Management Discusses Q1 2013 Results - Earnings Call Transcript
- Rackspace Hosting, Inc. - Shareholder/Analyst Call
- Rackspace Hosting's Management Presents at Deutsche Bank's DbAccess 21st Annual Media and Telecom Conference (Transcript)
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