By combining Rancher and SUSE, we not only gain massive engineering resources to further strengthen our market-leading product, we are also … +1 (415) 652-2185, Caroline Tarbett © Copyright 2021 Rancher. SUSE and Rancher Labs official logos. We could not have anticipated the tremendous growth and popularity of the Kubernetes technology. Linkedin. Open-source enterprise software giant SUSE … Based in Cupertino, Calif., Rancher is a privately held open source company, providing a market leading Kubernetes Management platform. With its heritage in open source technology, SUSE remains committed to delivering 100% true open source technologies with no vendor lock-in. LONDON and CUPERTINO, Calif., July 8, 2020 /PRNewswire/ -- SUSE, the world's largest independent open source company, has entered into a definitive agreement to acquire Rancher Labs. Rancher is the most widely used enterprise Kubernetes platform. SUSE collaborates with partners, communities and customers to deliver and support solutions that enable mission-critical business outcomes. The acquisition of Rancher is the first step in SUSE’s inorganic growth strategy since becoming a fully independent software company in March 2019. This combination is also a huge win for SUSE’s global partner ecosystem who will now be able to provide an even broader range of solutions to their customers with Rancher’s solutions. Editor Team - July 9, 2020. That deal has now closed for acquiring the Kubernetes focused cloud company. As key leadership leaves, BioWare pushes ahead on Dragon Age 4 and Mass Effect . SUSE, a global leader in true open source innovation, today announced it has closed the acquisition of Rancher Labs, the market leader in Kubernetes management.The combined company brings together a best-in-class Linux operating system, a market-leading Kubernetes management platform, and a host of pioneering edge capabilities that will give enterprises the power to innovate everywhere. Rancher Federal to be Acquired by SUSE. You can expect an accelerated pace of product innovation. SUSE Acquires Rancher Labs to Accelerate Its Push into Kubernetes. Enterprise Linux provider SUSE plans to acquire Rancher Labs in a bid to gain credibility within the Kubernetes container management market. The acquisition is great for Rancher customers and partners. “Rancher and SUSE will help organizations control their cloud native futures,” said Sheng Liang, Rancher CEO. SUSE to Acquire Rancher Labs July 8, 2020 Deborah Schalm 0 Comments rancher labs, SUSE. Last week SUSE announced its intent to acquire Rancher Labs. I want to thank everyone who has used our products over these last six years for your support, and for helping us build an amazing community of users. Rancher’s customers will on the other hand gain access to SUSE’s global support network and broad open source portfolio. Current: SUSE Acquires Rancher Labs to Accelerate Its Push into Kubernetes; Share Jul 16, 2020 - Real-time IDC Research® opinion on industry news, trends and events. Continental Innovates with Rancher and Kubernetes. The acquisition will not challenge our constitution to … Weekly Advisor. “This is an incredible moment for our industry, as two open source leaders are joining forces. SUSE, a major Linux and cloud company, has announced it will acquire Rancher Labs. Rancher Labs, based in Cupertino, Calif., helps enterprise customers manage their Kubernetes environments at scale. SUSE acquired Rancher Labs, Kubernetes Management Platform. Based in Cupertino, Calif., Rancher is a privately held open source company, providing a market leading Kubernetes Management platform. By Akarshan Narang-July 8, 2020. Suse LLC entered into a definitive agreement to acquire Rancher Labs.. Based in Cupertino,CA, Rancher is a privately-held open source company, provid ing a Kubernetes management platform. “This is an incredible moment for our industry, as two open source leaders are joining forces. Company. LONDON and CUPERTINO, CALIF. - July 8, 2020 – SUSE, the world’s largest independent open source company, has entered into a definitive agreement to acquire Rancher Labs. Media Relations Contact: And given SUSEâs 28-year history building a highly successful open source business, our commitment to open source will remain strong. It also follows SUSE’s strong fiscal momentum – most recently with SUSE reporting an excellent second quarter of its fiscal year 2020, which saw ACV (annual contract value) bookings increase 30% year over year and global cloud revenue skyrocket 70% year over year. Share. Sheng started his career as a Staff Engineer in Java Software at Sun Microsystems, where he designed the Java Native Interface (JNI) and led the Java Virtual Machine (JVM) development for the Java 2 platform. SUSE to acquire Rancher Labs; SUSE: More than Linux; Red Hat tunes up RHEL and OpenShift for life on computing’s edge; READ ZAGG InvisibleShield screen protector for Galaxy Z Fold 2: Cover display protection. I’m excited to announce that Rancher has signed a definitive agreement to be acquired by SUSE. Simon Sharwood, APAC Editor Thu 9 Jul 2020 // 06:29 UTC. © Copyright 2021 Rancher. The price of the acquisition was not disclosed. SUSE acquires Rancher Labs for reported $600M+ as it chases $1B revenue goal by Maria Deutscher. “This acquisition enhances our ability to offer a more comprehensive portfolio, greater customer choice and no vendor lock-in. Well congrats to the team for the exit. SHARE. Two people familiar with the deal said SUSE is paying $600 million to $700 million. Sheng has more than 15 years of experience building innovative technology. The SUSE Group is one of the largest open-source enterprises, and it completed the acquisition of Rancher Labs, a Kubernetes management startup. The companies announced the deal Wednesday but didn’t disclose the terms. Rancher is a private open-source company that provides the leading Kubernetes management platform in the market. - July 8, 2020 – SUSE, the world’s largest independent open source company, has entered into a definitive agreement to acquire Rancher Labs. The deal is expected to close before the end of October 2020, subject to customary closing conditions including receipt of … Executives include co-founders Sheng Liang (CEO), Shannon Williams, Darren Shepherd, and Will Chan. SUSE entered into a definitive agreement to acquire Rancher Labs. The deal will allow SUSE to compete with its rival, IBM’s Red Hat, in the ever-growing Kubernetes market. Suse, which describes itself as “the world’s largest independent open source company,” today announced that it has acquired Rancher Labs, a company that … sara.stephens@suse.com Terms of the pending deal were not disclosed. Based in Cupertino, Calif., Rancher is a privately held open source company, providing a market leading Kubernetes Management platform. Rancher Labs was funded with $10 million in 2015, $20 million in 2016, and $40 million in 2020. For many years, the branded motto for open-source giant SUSE Group was “Power of Many.” After SUSE’s acquisition of Kubernetes startup Rancher Labs Inc. today, a new motto -- now prominently d By combining Rancher and SUSE, we not only gain massive engineering resources to further strengthen our market-leading product, we are also able to preserve our unique 100% open source business model. SUSE is the largest independent open source software company and a leader in enterprise Linux. December 5, 2020. SUSE reporting an excellent second quarter of its fiscal year 2020, Establishes SUSE and Rancher Labs as the open source innovator of choice for Enterprise Linux, Kubernetes, Edge Computing and AI, Creates the world’s largest independent organization exclusively dedicated to powering digital transformation with open source and cloud native solutions, Offers customers and partners expanded global reach and unparalleled access to leading technologies to accelerate innovation. I feel as invigorated as day-1 about the industry, the technology, and our business. “This is an incredible moment for our industry, as two open source leaders are joining forces. Rancher Labs Avaaz: Facebook continues to fail at … What we can say is that SUSE believes its expertise in enterprise Linux, AI … Likewise, SUSEâs strong ecosystem will greatly accelerate Rancherâs on-going efforts to transform how organizations adopt cloud native technology. While EQT and SUSE celebrate the $600 million purchase as the first aggressive step towards hypergrowth via acquisition, enterprises are already sharing with us their private concerns on the future of the Rancher platform. “Our vision to enable better futures and measurable value for our customers and partners is what guides our decisions and drives our growth,” added Di Donato. As Rancher is privately held neither party is discussing money. The merger of a leader in enterprise Linux, edge computing and AI with a leader in Enterprise … Rancher rides off into the SUSE-set after acquisition by Linux outfit OpenShift and Tanzu get a familiar-looking competitor. +1 (908) 347-5469, For Rancher Labs: Facebook. Acquisition of Rancher Labs. The merger of a leader in Enterprise Linux, Edge Computing and AI with a leader in Enterprise Kubernetes Management will disrupt the market to help customers accelerate their digital transformation journeys,” said Melissa Di Donato, SUSE CEO. Get a free Techzine subscription! SUSE has decided to buy Kubernetes-wrangler Rancher Labs. SUSE customers will benefit from the robust capabilities of Rancher’s industry leading cloud native technologies, named by Forrester WaveTM as a leader in Enterprise Container Platform Software. SUSE to Acquire Rancher Labs (zdnet.com) 392 points by flyingyeti 3 months ago | hide | past | favorite | 152 comments: leonardteo 3 months ago. What will happen to the Rancher leadership. I’m thrilled to announce that Rancher Federal and Rancher have signed a definitive agreement to be acquired by SUSE. Rancher’s infrastructure-agnostic architecture supports any Cloud Native Computing Foundation-certified Kubernetes distribution including Google GKE, Amazon EKS, and Microsoft AKS, as well as projects like Gardener. This acquisition is a launch point for further growth of Rancher. This is an incredible moment for SUSE and for our industry, as two open source leaders join forces to create the world’s largest independent organization dedicated exclusively to powering digital transformation with … Based in Cupertino CA Rancher is a privately held open source company, providing a Kubernetes Management platform. Products. Prior to starting Rancher, Sheng was CTO of the Cloud Platforms group at Citrix Systems after their acquisition of Cloud.com, where he was co-founder and CEO. I am so proud of our team and the work they have done these last six years, and I look forward to continuing to work with our users, customers, partners, and fellow Ranchers to build a truly amazing business by leveraging the best parts of Rancher and SUSE. Rancher Labs was founded in 2014 and has 30,000 active teams. Read our free white paper: How to Build a Kubernetes Strategy. What will happen to products and projects and more importantly, what value does Rancher bring to SUSE. But I am really hoping that this will continue the great momentum that Rancher has. SUSE and Rancher will deliver innovation users can trust with the union of our best-in-class Linux operating system, market-leading Kubernetes management platform and host of innovative edge products, allowing … Grass-roots adoption coupled with a unique enterprise-grade support subscription led to our hypergrowth. 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