7/15/2013 - Governor McDonnell announces new investment in Montgomery County

Rackspace Hosting to expand IT hosting Operation

Governor Bob McDonnell today announced that RackspaceĀ® Hosting, (NYSE: RAX), the open cloud company, is expanding its IT hosting operation in the Virginia Tech Corporate Research Center in Montgomery County. The project will result in a $5.5 million investment in building construction and improvements and is expected to provide capacity for more than 100 new jobs at the Rackspace facility.

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