Rackspace Hosting, Inc. is an open cloud company. The Company offers cloud computing services, including public cloud, dedicated cloud, private cloud, and hybrid cloud. Public cloud offers pooled computing resources delivered on-demand over the Internet. Dedicated cloud (managed hosting) provides Information Technology (IT) services reserved for a specific customer. Private Cloud is a pool of computing resources that is to one particular customer rather than being used by multiple customers. Hybrid Cloud allows a customer to utilize both dedicated cloud and public cloud. The equipment, including servers, routers, switches, firewalls, load balancers, cabinets, software and wiring required to deliver services. The Company sells its services to business customers in more than 120 countries. The Company has operations located across the United States, as well as in London, Amsterdam, Zurich, Hong Kong and Sydney.