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Rackspace Acquires ObjectRocket To Help Customers Scale MongoDB In The Cloud

The ObjectRocket founding team collectively brings more than 50 years of experience in scaling large data systems, including MongoDB. They have also designed and managed systems that power some of the busiest sites on the web, and played key founding development roles at companies like Shutterfly, PayPal, eBay and AOL. Co-founder Kenny Gorman has also been recognized as a MongoDB Master, which is a designation awarded by 10gen to only 35 MongoDB core contributors and community evangelists around the world.

“ObjectRocket is thrilled to join the Rackspace family. With Rackspace’s open cloud philosophy and our shared emphasis on providing the highest level of customer support, we feel this union is an ideal fit,” said Chris Lalonde, co-founder and CEO of ObjectRocket. “Since the beginning, our focus has been on creating a DBaaS platform that would perform, scale and support critical workloads in a superior manner. Joining forces with Rackspace will enable us to achieve this goal, while delivering one of the most advanced MongoDB DBaaS solutions on the market.”

To learn more about ObjectRocket or to sign up for the service, please visit http://www.rackspace.com/blog/objectrocket-acquisition-faq/

About Rackspace

Rackspace® Hosting (NYSE: RAX) is the open cloud company, delivering open technologies and powering more than 205,000 customers worldwide. Rackspace provides its renowned Fanatical Support® across a broad portfolio of IT products, including Public Cloud, Private Cloud, Hybrid Hosting and Dedicated Hosting. Rackspace has been recognized by Bloomberg BusinessWeek as a Top 100 Performing Technology Company, is featured on Fortune’s list of 100 Best Companies to Work For and is included on the Dow Jones Sustainability Index. Rackspace was positioned in the Leaders Quadrant by Gartner Inc. in the “2011 Magic Quadrant for Managed Hosting.” Rackspace is headquartered in San Antonio with offices and data centers around the world. For more information, visit  www.rackspace.com.

Forward Looking Statements

This press release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of Rackspace Hosting could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any statements concerning expected development, performance or market acceptance associated with the acquired products and services of ObjectRocket; anticipated operational and financial benefits from the acquired products and services of ObjectRocket, including the implementation and use of such products or services into Rackspace product and service offerings; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include including the possibility that expected benefits from the ObjectRocket products and services may not materialize because products and services are not generally accepted in the marketplace, which could occur due to certain factors including (i) a failure to market the acquired products and services cost effectively, differentiate the products and services from competitive products and services or communicate the differentiations effectively, (ii) the reliability, quality or compatibility associated with the acquired products and services, (iii) our inability to develop the acquired technology into our products or services effectively, (iv) changes in technology which adversely affect the benefits of the products or services, (v) internal strategy decisions that impact the products and services, and (vi) other risks that are described in Rackspace’s Form 10-Q for the quarter ended September 30, 2012, filed with the SEC on November 7, 2012. Except as required by law, Rackspace assumes no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

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