Web hosting provider Rackspace filed for an initial public offering with the SEC last night, as we predicted it would. The company will try to raise $400 million, and it intends to set the IPO price through an auction, much like Go...
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Unafraid of the moribund initial public offering market, Rackspacehas filed for an IPO. The web-hosting company filed for an IPO late Friday, according to TechCrunch. The company said it will try to raise $400 million and set its pr... Read Post
After filing for an IPO last April in which it hoped to raise $400 million, Web hosting provider (and cloud-computing aspirant) Rackspace finally priced its IPO last night at $12.50 a share. That would have brought in $187.5 million... Read Post
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 dr... Read Post