Rackspace Hosting Inc
Latest Rackspace Hosting Inc News and Updates
Why Is DBaas Preferred over Traditional Databases?
DBaaS makes it easier to build applications in the cloud. This is why DBaaS is expected to become a dominant deployment model for all databases.
Rackspace Hosting sees activist interest from Blue Harbour
In September, after months of speculation that Rackspace could be acquired by CenturyLink, Inc. (CTL) and had interest from Hewlett-Packard, the company said it was no longer exploring merger and acquisition options. On the contrary, the company declared its commitment to remain independent.
Revenues for VMware Increase 4% YoY in 2Q15
In this series, we will analyze the stocks in the First Trust ISE Cloud Computing Index ETF (SKYY) that comprise the Systems Software subsector. Since January 2015, SKYY generated returns of 2.42% to close at $29.18 on August 28.
Why Rackspace Revenue Growth Has Slowed Down
The primary reason for Rackspace’s slow revenue growth in spite of increased preference for the cloud,is a change in its strategy.
Shareholder Activism at Work with Oracle-NetSuite Deal
In accordance with its minimum tender condition, the majority of NetSuite stakeholders must vote in favor of the deal to make it happen.
JANA Partners starts a new position in Rackspace Hosting
JANA Partners added a stake in Rackspace Hosting Inc. (RAX). The position accounted for 1.18% of the fund’s total third-quarter portfolio.
Why Was Rackspace Destined to Lose in the Cloud Space?
The tech sector was the only S&P 500 sector that had more cash than debt per share in 2015, but the majority of cash was held by Microsoft, IBM, and Google.
Analyzing Informatica’s Leveraged Buyout Deal
In April 2015, it was announced that Informatica agreed to be bought by Canada Pension Plan Investment Board and Permira Advisors for $5.3 billion.
Why Public Cloud is being adopted more by enterprises
One of the important factors driving public cloud adoption is an organization’s preference and need to reduce overall expenditure on IT infrastructure.
Must-know positions traded by Blue Harbour Group
Blue Harbour Group was founded in 2004. It manages capital on behalf of pension funds, endowments, and other institutional investors.
Blue Harbour exits position in DeVry Education Group
DeVry University has seen revenue fall in previous fiscal years due to a decrease in new and total student enrollments. The decline is expected to continue into fiscal year 2015.
Rowan Companies sees activist interest from Blue Harbour
Rowan Companies plc is a global provider of contract drilling services in the ultra-deepwater and shallow water jack-up market. It has a fleet of 34 offshore drilling units, including four ultra-deepwater drillships, all of which are currently under long-term contracts.
Must-know: Why cloud storage is the key to rapid data growth
Organizations have used hard drives and external storage devices like compact discs. But the explosion in data generation and demand for storage has led to increased costs and challenges.
Was LifeLock’s Sale Profitable for Elliott Management?
LifeLock attracted the interest of private equity firms Earlier in this series, we discussed Elliott Management’s influence over Symantec (SYMC) and its subsequent strategic acquisitions of Blue Coat Systems and LifeLock. In early November 2016, LifeLock hired the services of Goldman Sachs (GS) to initiate its sale. Along with Symantec, PE (private equity) firms Permira […]
How Will IBM Compete with Intel in the Data Center Space?
In 2013, IBM decided to make its technology available to third parties and launched the OpenPower Foundation.
Rackspace Is the Latest to Yield to Rising Competition in Cloud Space
Rackspace and other smaller players are losing market share to large players in the cloud space.
Will Rackspace’s Fiscal 2Q16 Results Meet Analyst Estimates?
Rackspace (RAX) is scheduled to report its fiscal 2Q16 earnings on August 8, 2016.
Intel to Face Competition from IBM and ARM in Data Center Space
While Intel is preparing for the HPC (high-performance computing) market, IBM is competing with Intel head to head with its Power9 processors.
Intense Competition and Lack of Cash Flow Haunt Rackspace
With a market capitalization of ~$4.5 billion, Rackspace (RAX) was considered a “pioneer” in the cloud space.
Rackspace Is the Leader in the Hosted Private Cloud Market
Rackspace leads the hosted private cloud space with a 20% market share. This market is a “highly fragmented market.”
Blue Harbour Raises Its Stakes in Rackspace Hosting
Blue Harbour increased its position in Rackspace Hosting (RAX) in 4Q14. The company accounts for 13.72% of the fund’s portfolio in 4Q14.
Highlights of Blue Harbour’s Top Increased Positions in 4Q14
Blue Harbour’s top ten holdings include Rackspace Hosting at 13.42%, Akamai Technologies at 10.31%, and Babcock & Wilcox at 9.90%.
Rackspace Hosting eliminated as D.E. Shaw position
D.E. Shaw exited a position in Rackspace Inc. (RAX), which accounted for 0.016% of the fund’s second-quarter portfolio.
D.E. Shaw opens new position in Alibaba
D.E. Shaw revealed a new position in Alibaba in 3Q14 that accounts for 0.49% of the fund’s total 3Q14 portfolio.
JANA Partners takes an activist position in Hertz Global Holdings
JANA Partners increased its stake in Hertz Global Holdings (HTZ) during the third quarter. The position accounted for 2.95% of the fund’s 3Q14 portfolio.
Why private cloud is the security solution for organizations
In private cloud, cloud services are deployed and implemented on the client’s private networks.