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Tuesday, June 28, 2011 11:37:58 PM
50% of 10,000 = 16,000 sq. ft.
10,000 * $5,083/sq. ft. = $50,830,000
Quite honestly, I think $5,083 per technical square foot is a fairly ambitious number. Rackspace is one of the early entries into the cloud space, so they're well established and their density of virtual systems per server is huge. Even so, if you cut the revenue per square footage to 50% - 75% of the number mentioned above, the total is still huge.
People also need to take into consideration that they have more than just the Toronto data center. If you add in the systems they have in Dallas and the UK, this number only gets bigger.
IMO...GLTA...DO YOUR OWN DD
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