NT: Linux-Based Web Hosting Concern Rackspace.com Files For $65M IPO
Mar 29, 2000, 04:40 (0 Talkback[s])
"Although the frenzy for Linux has recently made way for the
trendier B2B sector, Rackspace.com Inc. -- which refers to itself
as the pioneer in outsourced Web servers -- today filed to register
$65 million of common stock for an initial public offering."
"Rackspace.com provides advanced Linux-based Internet
hosting services for small- to medium-sized businesses,
providing these enterprises with a dedicated server, networking
facilities, and the technical support they need to establish and
maintain their Internet operations."
Press release.