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Rackspace Technology Announces New Professional Services Collaboration with Google Cloud to Accelerate VM Migrations

August 22, 2023

Rackspace Technology Announces New Professional Services Collaboration with Google Cloud to Accelerate VM Migrations

Rackspace Technology Drives Accelerated Cloud Migration to Google Cloud

Ongoing collaboration between Rackspace and Google Cloud reinforces partner strategy

SAN ANTONIO, TX August 22, 2023 – Rackspace Technology® (NASDAQ: RXT) — a leading end-to-end, multicloud solutions company, today announced a new professional service migration offer, Accelerated Cloud Migration to Google Cloud – Powered by Rackspace Technology. The joint offer delivers a direct engagement with experts from Rackspace Technology and Google Cloud, aiming to provide an innovative and efficient solution for businesses to seamlessly migrate their virtual machines to Google Cloud, creating an unparalleled migration experience in the industry.

This unique team approach to fast and successful VM Migrations is designed and constructed by leveraging Google Cloud landing zones, a foundational blueprint for Google Cloud adoption that lays a framework for configuration to help organizations utilize Google Cloud services for business needs. With Rackspace and Google Cloud’s combined technology expertise and cloud modernization experience, there are more significant benefits than traditional migration engagements. Leveraging the best tools and processes from both organizations, the seamless migration experience provided by this joint engagement sets customers up for success post-migration.

“This new offering from Rackspace Technology can help customers significantly simplify and accelerate their cloud migrations,” said Jim Anderson, Vice President, NA Partners Ecosystem & Channels at Google Cloud. “We’re pleased to partner closely with Rackspace Technology to help customers benefit from Google Cloud’s powerful and trusted infrastructure.” Accelerated Cloud Migration to Google Cloud – Powered by Rackspace Technology includes three steps: Discovery, Planning and Landing Zone, and Migration of VMs to the target Google Cloud environment. The services are currently available and can be accessed immediately by clicking here.

“Organizations can jumpstart their Google Cloud journey with VM migrations, delivered by migration engineers from both Rackspace and Google Cloud,” said D K Sinha, President of Public Cloud, Rackspace Technology. “The VM migration services will provide technical expertise and guidance on migration discovery, planning, and EXECution, leveraging automated tools and the application team’s insights to help with a successful migration. Whether you are migrating VMs from on-premises or other clouds, Rackspace and Google Cloud will support you agilely during the migration discovery, planning, and EXECution.”

Rackspace’s longstanding partnership with Google Cloud and the recent recognition as a Leader in the U.S. ISG Provider Lens™ Google Cloud Partner Ecosystem – Managed Services 2023 report further solidifies the credibility and excellence of Rackspace’s cloud solutions. ISG is a leading global technology research and advisory firm.

About Rackspace Technology

Rackspace Technology is a leading end-to-end multicloud technology services 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 modernize applications, build new products and adopt innovative technologies.

Media Contact: Natalie Silva, publicrelations@rackspace.com

About Rackspace Technology

Rackspace Technology® (NASDAQ: RXT) is the operator of the full enterprise AI stack from governed private cloud to AI inference and agents in production. With an Outcomes-as-a-Service model built on secure infrastructure, data foundations, and forward-deployed engineering, Rackspace delivers business results for regulated and mission-critical industries where governance, sovereignty, and uptime are non-negotiable. Learn more at www.rackspace.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events and can be identified by terminology such as “believe,” “may,” “will,” “potentially,” “estimate,” “continues,” “anticipate,” “intend,” “could,” “would,” “project,” “plan,” “expect,” “is putting,” “designed to,” or the negative of such terms or other similar expressions, although not all forward-looking statements contain these words.

 These statements include, but are not limited to, Rackspace Technology’s relationship with NVIDIA and the NVIDIA Cloud Partner Program, its Enterprise AI Cloud strategy, the anticipated capabilities, benefits and timing of its Institutional Sovereign Pod architecture, Rackspace’s outlook on the AI industry and its ability to deliver, operate, and scale AI infrastructure and solutions for regulated, institutional and sovereign enterprises. Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially, including, without limitation: Rackspace's ability to realize the anticipated benefits of its relationship with NVIDIA and the NCP program; the availability, cost, and timing of deployment of NVIDIA and other third-party technology; Rackspace's ability to develop, market, and scale the Institutional Sovereign Pod and related offerings on the anticipated timeline or at all; market acceptance of and demand for sovereign and governed AI infrastructure solutions; competition in the AI infrastructure and cloud services markets; capital expenditure requirements associated with AI infrastructure buildout; availability of financing for the AI infrastructure buildout on terms acceptable to Rackspace; Rackspace’s reliance on a limited number of technology partners, including NVIDIA; cybersecurity, data privacy, and regulatory compliance risks associated with serving regulated and sovereign customers; general economic and industry conditions; and other risks and uncertainties described in Rackspace's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Rackspace undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.