RXT

Rackspace Technology, Inc.

A technology services company that manages cloud computing for other businesses, running workloads across Amazon Web Services, Microsoft Azure, Google Cloud, and its own private data centers, plus AI services through its Rackspace AI portfolio. It was founded in 1996 as Cymitar Technology Group in a San Antonio garage selling internet access to college classmates, and renamed Rackspace in 1998 after pivoting to web hosting. Its signature "Fanatical Experience" service model is so central that employees call themselves "Rackers" and the company once awarded a straightjacket for extraordinary service.