Rackspace Technology's UK Sovereign Services earns VMware Sovereign Cloud certification, enhancing data protection for UK organizations.
Quiver AI Summary
Rackspace Technology has announced that its UK Sovereign Services has achieved VMware Sovereign Cloud certification, enhancing its capability to securely manage sensitive data for UK organizations. This certification confirms that Rackspace's managed private cloud platform complies with stringent data sovereignty and security regulations, operating from local data centers in the UK. The service combines reliable infrastructure, robust networking, and integrated security features, facilitating easier cloud adoption for clients while ensuring high performance for critical applications. This milestone exemplifies Rackspace's commitment to serving regulated industries and public sector partners in the UK.
Potential Positives
- Achieving VMware Sovereign Cloud certification enhances Rackspace's credibility and reinforces its commitment to data sovereignty for UK organizations.
- The launch of Rackspace Sovereign Services provides a fully managed private cloud platform tailored for organizations with stringent data control requirements, expanding the company's service offerings.
- The press release highlights Rackspace's strategic partnerships with UK public sector organizations, regulated financial services, and healthcare providers, potentially increasing customer trust and expanding market reach.
- The service promises high availability, integrated security, and reduced operational complexity, aligning with growing demand for secure and reliable cloud solutions in regulated industries.
Potential Negatives
- While the achievement of VMware Sovereign Cloud certification is a positive milestone, it may indicate that previous cloud offerings lacked the necessary data sovereignty features, highlighting a potential gap in their past services.
- The reliance on VMware technologies raises concerns about Rackspace's dependency on third-party platforms, which could affect their ability to innovate independently and adapt quickly to market changes.
- The disclaimer about forward-looking statements emphasizes the inherent uncertainties and risks in the company's future plans, which may lead to diminished investor confidence.
FAQ
What is Rackspace's UK Sovereign Services?
Rackspace's UK Sovereign Services offers a fully managed private cloud platform for organizations needing strict data control and processing oversight.
What certification has Rackspace UK Sovereign Services achieved?
Rackspace UK Sovereign Services has achieved the VMware Sovereign Cloud certification, ensuring compliance with data sovereignty and jurisdictional control.
How does Rackspace ensure data security for UK organisations?
Rackspace employs high availability, resilient networking, and integrated security controls within UK-based data centers to secure sensitive data.
Who can benefit from Rackspace's Sovereign Cloud?
UK public sector organisations, regulated financial services firms, and healthcare providers can benefit from Rackspace's Sovereign Cloud solutions.
What does VMware Sovereign Cloud certification guarantee?
The VMware Sovereign Cloud certification guarantees that partners meet strict criteria for data sovereignty, privacy, and security within a specified region.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$RXT Insider Trading Activity
$RXT insiders have traded $RXT stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $RXT stock by insiders over the last 6 months:
- AMAR MALETIRA sold 1,780,619 shares for an estimated $2,403,835
- DHARMENDRA KUMAR SINHA (EVP, President, Public Cloud) has made 0 purchases and 2 sales selling 150,473 shares for an estimated $154,712.
- ANTHONY SCOTT sold 40,000 shares for an estimated $57,200
- KELLIE TEAL-GUESS (Chief Human Resources Officer) sold 18,301 shares for an estimated $18,484
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$RXT Revenue
$RXT had revenues of $671.2M in Q3 2025. This is a decrease of -0.68% from the same period in the prior year.
You can track RXT financials on Quiver Quantitative's RXT stock page.
$RXT Hedge Fund Activity
We have seen 59 institutional investors add shares of $RXT stock to their portfolio, and 44 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- APOLLO MANAGEMENT HOLDINGS, L.P. removed 129,609,000 shares (-50.0%) from their portfolio in Q3 2025, for an estimated $182,748,690
- AUSTRALIANSUPER PTY LTD added 1,614,437 shares (+inf%) to their portfolio in Q3 2025, for an estimated $2,276,356
- RUSSELL INVESTMENTS GROUP, LTD. removed 780,406 shares (-94.9%) from their portfolio in Q3 2025, for an estimated $1,100,372
- CASTLEKNIGHT MANAGEMENT LP added 727,590 shares (+22.7%) to their portfolio in Q3 2025, for an estimated $1,025,901
- MORGAN STANLEY removed 634,583 shares (-21.9%) from their portfolio in Q3 2025, for an estimated $894,762
- JANUS HENDERSON GROUP PLC added 615,240 shares (+inf%) to their portfolio in Q3 2025, for an estimated $867,488
- JACOBS LEVY EQUITY MANAGEMENT, INC removed 555,302 shares (-44.1%) from their portfolio in Q3 2025, for an estimated $782,975
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$RXT Price Targets
Multiple analysts have issued price targets for $RXT recently. We have seen 2 analysts offer price targets for $RXT in the last 6 months, with a median target of $1.575.
Here are some recent targets:
- Daniel R. Perlin from RBC Capital set a target price of $1.75 on 11/10/2025
- Keith Bachman from BMO Capital set a target price of $1.4 on 08/12/2025
Full Release
LONDON, Jan. 14, 2026 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced its UK Sovereign Services has achieved the VMware Sovereign Cloud certification , reinforcing Rackspace’s ability to store, process, and protect UK organisations’ most sensitive data.
Rackspace Sovereign Services delivers a fully managed, private cloud platform designed specifically for organisations that require strict control over where data is located and how it is processed. Built on proven VMware technologies and operated from UK-based data centres, the service combines high availability, resilient networking, and integrated security controls to reduce operational complexity for customers while accelerating cloud adoption.
“With Rackspace’s digital Sovereign Cloud, organisations can optimise private cloud architecture to ensure mission-critical applications deliver predictable performance, enhanced security, and operational reliability,” said, Rick Martire, general manager of Rackspace Sovereign Services. “This is a major milestone supporting the UK Public Sector and further affirms our commitment to regulated industry clouds,” Martire added.
Rackspace partners with UK public sector organisations, regulated financial services firms, and healthcare providers to deliver end-to-end solutions that combine cloud infrastructure with expert managed services and security operations.
The VMWare Sovereign cloud certification is awarded to VMware Cloud Service Providers (CSPs) that meet strict criteria for providing cloud services with full data sovereignty and jurisdictional control within a specific country or region. It validates a partner's ability to ensure data remains under local control, adheres to national regulations for data privacy and security, and is housed in data centers managed by local entities.
About Rackspace Technology
Rackspace Technology is a leading end-to-end hybrid cloud and AI solutions company. We can design, build, and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernise applications, build new products, and adopt innovative technologies.
Disclaimer
This press release contains forward-looking statements subject to risks and uncertainties that may cause actual results to differ materially. Rackspace Technology undertakes no obligation to update these statements. Rackspace Technology and Rackspace are trademarks of Rackspace US, Inc. VMware and VMware Sovereign Cloud are trademarks of VMware, Inc. All other marks are property of their respective owners. This press release is for informational purposes only and does not constitute financial promotion, investment advice, or an offer to sell securities.
Media Contact:
Cheryl Amerine, [email protected]