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...
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