Comments on: RackSpace IPO Filing Hints at Expansion Plans

By: Tech IPOs Return With Rackspace - GigaOM

Tech IPOs Return With Rackspace - GigaOM — Fri, 08 Aug 2008 12:09:51 +0000

[...] good quality tech companies in the pipeline. In our previous article we had noted that Rackspace was raising money to expand its hosting infrastructure, expand rapidly into fast growing cloud computing sector and [...]

By: Dave

Dave — Thu, 12 Jun 2008 20:31:15 +0000

400 million is about what I paid for my services at rackspace when I hosted my servers their. Nickel and Dime me everytime I need support. Moved over to server intellect where I can get some support without paying 400 million per incident.

By: Contracts Blog » Blog Archive » Rackspace Serving Up IPO Plans

Contracts Blog » Blog Archive » Rackspace Serving Up IPO Plans — Thu, 08 May 2008 10:03:46 +0000

[...] Serving Up IPO Plans Jump to Comments GigaOM: RackSpace IPO Filing Hints at Expansion Plans. Data center and hosting provider RackSpace Inc., has filed to raise up to $400 million in an [...]

By: April 28, 2008 | next media update

April 28, 2008 | next media update — Mon, 28 Apr 2008 19:30:45 +0000

[...] RackSpace IPO Filing Hints at Expansion Plans GIGAOM Data center and hosting provider RackSpace Inc., has filed to raise up to $400 million in an initial public offering. Its financials seem generally sound (unlike many tech companies it’s actually profitable), although profits did drop by 10 percent in the last year. In the coming year, the company anticipates expanding its data center facilities by a least 72,000 square feet, and may also opt to find a new data center location outside of its existing facilities. It also plans to launch a platform product for customers who want hosted infrastructure but also have the need and skills to customize the hosted infrastructure to a high degree. Source> [...]

By: Ranjit Nayak

Ranjit Nayak — Mon, 28 Apr 2008 15:25:43 +0000

Expansion into new services seems like a natural progression for a profitable and well managed company like Rackspace. By new services, I mean offerings such as email backup, billing, metering of use etc. In the long term services could also include managing helpdesk and Level 1 support like a telecom service provider does today.

By: McCombs Entrepreneur Society » Blog Archive » Rackspace IPO Hints at Expansion

Sun, 27 Apr 2008 20:57:27 +0000

[...] [via GigaOm] Data center and hosting provider RackSpace Inc., has filed to raise up to $400 million in an initial public offering. Its financials seem generally sound (unlike many tech companies it’s actually profitable), although profits did drop by 10 percent in the last year. [...]

By: meh

meh — Sun, 27 Apr 2008 17:11:36 +0000

see:

(link)

By: Ross

Ross — Sun, 27 Apr 2008 15:38:27 +0000

Hmm it doesn’t really make sense for RackSpace to be expanding right now as the market is going to start contracting unless they see something that the rest of us don’t.

We are barely in a recession and I think we are going to see much more hard times ahead which will make the American consumer spend less which in turn gives companies low profits. Now this can be either good or bad for RackSpace, SAVVIS, Navisite, Internap, etc. Either companies will spend less or start outsourcing their IT to these companies more to reduce costs.

This market hasn’t been kind to hosting stocks just go look at LLNW, SVVS, INAP, NAVI. We’ll see how RackSpace does.

Ross
- (link)