Rackspace Expects To Return $2.5-$3.5 Million For Monday’s Downtime

Rackspace Expects To Return $2.5-$3.5 Million For Monday’s Downtime

PULSE2.COM - Rackspace Hosting Inc. (NYSE:RAX) is expecting to return customer credit from the major outage that they had this past Monday.  The dollar amount that the company is expecting to return will be between $2.5 and $3.5 million according to an SEC filing.  The cause of the outage was a series of equipment failures at a Rackspace data center in Dallas, Texas.Several generators malfunctioned which put...

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