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home / news releases / DXC - Rackspace Technology Seeks To Go Public Again

DXC - Rackspace Technology Seeks To Go Public Again

DXC Technology Company

Quick Take

Rackspace Technology (RXT) has filed to raise $100 million in an IPO of its common stock, according to an S-1 registration statement.

The firm provides a range of multicloud services, security and data services.

RXT is pursuing a large market with favorable industry dynamics but is debt-heavy from its private equity buyout a few years ago.

I’ll provide an update when we learn more about the IPO.

Company & Technology

San Antonio, Texas-based Rackspace was founded to provide infrastructure solutions to enterprises.

Since its take-private acquisition by private equity firm

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Stock Information
Company Name: DXC Technology Company
Stock Symbol: DXC
Market: NYSE
Website: dxc.technology
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