suse acquired rancher

With its heritage in open source technology, SUSE remains committed to delivering 100% true open source technologies with no vendor lock-in. SUSE Completes Its Acquisition Of Rancher Labs. SUSE has decided to buy Kubernetes-wrangler Rancher Labs. caroline@rancher.com Sara Stephens “This acquisition enhances our ability to offer a more comprehensive portfolio, greater customer choice and no vendor lock-in. SUSE acquires Rancher Labs for reported $600M+ as it chases $1B revenue goal by Maria Deutscher. For more information, visit www.suse.com. Simon Sharwood, APAC Editor Thu 9 Jul 2020 // 06:29 UTC. SUSE To Acquire Rancher Labs. After the acquisition closes later this year, I will lead the combined engineering and innovation organization at SUSE. By Akarshan Narang-July 8, 2020. I’m excited to announce that Rancher has signed a definitive agreement to be acquired by SUSE. Sharing this ethos, Rancher will continue its strategy to be open and support multiple Kubernetes distributions and operating systems. sara.stephens@suse.com The companies announced the deal Wednesday but didn’t disclose the terms. SHARE. At Rancher we take pride in our industry-leading customer satisfaction with an NPS score of over 80. jenna@waterscomms.com Rancher Labs, based in Cupertino, Calif., helps enterprise customers manage their Kubernetes environments at scale. 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. By combining Rancher and SUSE, we not only gain massive engineering resources to further strengthen our market-leading product, we are also … Rancher was able to thrive in this exciting and highly dynamic market because we developed innovative products loved by end users. The acquisition of Rancher is the first step in SUSE’s inorganic growth strategy since becoming a fully independent software company in March 2019. Products. Weekly Advisor. 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 … You can expect an accelerated pace of product innovation. Rancher Labs “Only the combination of SUSE and Rancher will have the depth of a globally supported and 100% true open source portfolio, including cloud native technologies, to help our customers seamlessly innovate across their business from the edge to the core to the cloud.”. I feel as invigorated as day-1 about the industry, the technology, and our business. After SUSE’s announcement in July of a definitive agreement to acquire Rancher Labs, we are excited to confirm the deal has been completed and SUSE and Rancher Labs are … 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. Rancher Labs delivers open source software that enables organizations to deploy and manage Kubernetes at scale, on any infrastructure across the data center, cloud, branch offices, and the network edge. 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. As Rancher is privately held neither party is discussing money. Last week SUSE announced its intent to acquire Rancher Labs. Back in July SUSE announced its intention to acquire Rancher Labs. Most people in the Kubernetes community know Rancher Labs and Rancher Federal have built their successes on offering maximum choice to legions of loyal users and customers. SUSE collaborates with partners, communities and customers to deliver and support solutions that enable mission-critical business outcomes. And given SUSE’s 28-year history building a highly successful open source business, our commitment to open source will remain strong. What we can say is that SUSE believes its expertise in enterprise Linux, AI … Rancher Labs was funded with $10 million in 2015, $20 million in 2016, and $40 million in 2020. USE TO ACQUIRE RANCHER LABS, BECOMING A MARKET LEADER IN ENTERPRISE KUBERNETES MANAGEMENT. It will also enable us to play an even more strategic role with cloud service providers, independent hardware vendors, systems integrators and value-added resellers who are eager to provide greater customer experiences.”. Linkedin. I’m thrilled to announce that Rancher Federal and Rancher have signed a definitive agreement to be acquired by SUSE. SUSE, the world’s largest independent open source company, has entered into a definitive agreement to acquire Rancher Labs. SUSE announced that it has entered into a definitive agreement to acquire Rancher Labs. The SUSE Group is one of the largest open-source enterprises, and it completed the acquisition of Rancher Labs, a Kubernetes management startup. SUSE acquires Kubernetes startup Rancher Labs The deal will enable SUSE customers to "seamlessly innovate across their business from the edge to the core to the cloud" by: Carly Page. This would make the former a market leader in enterprise Kubernetes management. “Our leading Kubernetes platform with SUSE’s broad open source software solutions creates a powerful combination, enabling IT and Operations leaders worldwide to best meet the needs of their customers wherever they are on their digital transformation journey from the data center to cloud to edge.”. The deal is expected to close before the end of October 2020, subject to customary closing conditions including receipt of regulatory approvals. Head of External Communications, SUSE © Copyright 2021 Rancher. The deal will allow SUSE to compete with its rival, IBM’s Red Hat, in the ever-growing Kubernetes market. 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. The deal is expected to close before the end of October 2020, subject to customary closing conditions including receipt of … SUSE, a Linux distribution company controlled by private equity firm EQT, has agreed to acquire Rancher Labs, a start-up with technology that helps organizations run software in virtual containers across many servers. SUSE, the world’s largest independent open source company providing unparalleled customer choice, powers digital transformation for the enterprise by simplifying, modernizing and accelerating traditional, cloud and edge solutions. SUSE chameleon official plush toy. We sat down with Dr. Thomas Di Giacomo, President of Engineering & Innovation at SUSE to discuss what the two companies would look like post acquisition. SUSE acquires Rancher! +1 (415) 652-2185, Caroline Tarbett Jenna Dobkin “Rancher and SUSE will help organizations control their cloud native futures,” said Sheng Liang, Rancher CEO. SUSE acquired Rancher Labs, Kubernetes Management Platform. The acquisition will not challenge our constitution to … Suse, which describes itself as “the world’s largest independent open source company,” today announced that it has acquired Rancher Labs, a company that … This acquisition is a launch point for further growth of Rancher. Likewise, SUSE’s strong ecosystem will greatly accelerate Rancher’s on-going efforts to transform how organizations adopt cloud native technology. As IT leaders increasingly seek to leverage the cloud to innovate and drive digital transformation, Kubernetes has rapidly emerged as a core pillar of IT strategy. Avaaz: Facebook continues to fail at … 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. Based in Cupertino, Rancher is a privately held open-source … Sheng has a B.S. Rancher Labs is an open source software company based in Cupertino, California.The company helps manage Kubernetes at scale. Acquisition of Rancher Labs. Spread the love. We’re not just 100 percent open source, we’re 100 percent open with no vendor lock-in. - July 8, 2020 – SUSE, the world’s largest independent open source company, has entered into a definitive agreement to acquire Rancher Labs. 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. Enterprise Linux provider SUSE plans to acquire Rancher Labs in a bid to gain credibility within the Kubernetes container management market. That deal has now closed for acquiring the Kubernetes focused cloud company. Get a free Techzine subscription! SUSE and Rancher Labs official logos. SUSE To Acquire Rancher Labs, Becoming A Market Leader In Enterprise Kubernetes Management News provided by. Shannon Williams Published: July 8, 2020. SUSE to Acquire Rancher Labs July 8, 2020 Deborah Schalm 0 Comments rancher labs, SUSE. SUSE is the largest independent open source software company and a leader in enterprise Linux. from the University of Science and Technology of China and a Ph.D. from Yale University. 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. 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. Rancher is the most widely used enterprise Kubernetes platform. 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. Well congrats to the team for the exit. SUSE, a leader in Enterprise Linux, Edge Computing and AI, and Rancher, a leader in Kubernetes Container Management, will deliver computing everywhere with the latest AI and seamless deployment of containerized workloads from the edge to the core to the cloud. EQT owned SUSE just acquired Rancher Labs for $600M, and although Rancher revenue was not publicly disclosed, this appears to be a purchase at ~30x multiple on revenue. The … “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. 5 Comments. All product and company names herein may be trademarks of their registered owners. We started Rancher 6 years ago to develop the next generation enterprise computing platform built on a relatively new technology called containers. 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. Working alongside open source developers of all stripes, SUSE has brought “open” back to open source, as our truly open model means freedom of choice to customers with no vendor lock-in. In this video Adrian Goins shares more information about the SUSE acquisition of Rancher Labs and why this is an amazing move for both companies. For additional information, visit rancher.com and follow @Rancher_Labs on Twitter. SUSE, a major Linux and cloud company, has announced it will acquire Rancher Labs. The acquisition is great for Rancher customers and partners. Rancher Federal to be Acquired by SUSE. Rancher and SUSE together will be the enterprise computing company that transforms our industry. 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. All Rights Reserved. SUSE , Rancher Labs 08 Jul, 2020, 14:00 BST. Read our free white paper: How to Build a Kubernetes Strategy. Two people familiar with the deal said SUSE is paying $600 million to $700 million. 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. But I am really hoping that this will continue the great momentum that Rancher has. (Credit: Sheng Liang on rancher.com) SUSE is a company that has been taking some impressive strides these last few months including helping fight COVID-19 in a variety of ways, a complete rebranding and modernization of the company assets and marketing fundamentals, as well as the release of SUSE Linux Enterprise Server (SLES) 15 SP 2. Related Posts. 8 … Twitter. 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. 0. 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. 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. © Copyright 2021 Rancher. 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. +44 (0) 7914 014145. SUSE, the world’s largest independent open source company, has signed a definitive agreement to acquire Rancher Labs. Continental Innovates with Rancher and Kubernetes. Share. With 37,000 active users and greater than 100 million downloads, their flagship product, Rancher, is a leading Kubernetes management platform. He was a co-founder at Teros, which was acquired by Citrix in 2005 and led large engineering teams at SEVEN Networks, and Openwave Systems. Continental Innovates with Rancher and Kubernetes, SUSE TO ACQUIRE RANCHER LABS, BECOMING A MARKET LEADER IN ENTERPRISE KUBERNETES MANAGEMENT. Waters Communications Based in Cupertino, Calif., Rancher is a privately held open source company, providing a market leading Kubernetes Management platform. Company. SUSE entered into a definitive agreement to acquire Rancher Labs. SUSE is acquiring the Rancher family because they share the same vision. Executives include co-founders Sheng Liang (CEO), Shannon Williams, Darren Shepherd, and Will Chan. I am thrilled to share that, SUSE has signed a definitive agreement to acquire Rancher Labs, a market-leading, Enterprise Kubernetes Management vendor based in Cupertino, California. On 8 July 2020, SUSE announced its definitive agreement to acquire Rancher Labs, which provides a Kubernetes management platform. The merger of a leader in enterprise Linux, edge computing and AI with a leader in Enterprise … Media Relations Contact: SUSE’s container and cloud platforms, software-defined infrastructure, artificial intelligence and edge computing solutions allow customers to create, deploy and manage workloads anywhere – on premises, multi-cloud and edge. Morning Bytes . By. Gartner predicts that growing adoption of cloud-native applications and infrastructure will increase use of container management to over 75% of large enterprises in mature economies by 2024 (up from less than 35% in 2020). Rancher’s customers will on the other hand gain access to SUSE’s global support network and broad open source portfolio. Rancher rides off into the SUSE-set after acquisition by Linux outfit OpenShift and Tanzu get a familiar-looking competitor. Written by Michael Larabel in SUSE on 1 December 2020 at 12:28 PM EST. +1 (908) 347-5469, For Rancher Labs: “This is an incredible moment for our industry, as two open source leaders are joining forces. SUSE Acquires Rancher Labs to Accelerate Its Push into Kubernetes. 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. To delivering 100 % true open source software company based in Cupertino CA Rancher is held... Provider SUSE plans to acquire Rancher Labs announced that it has entered into a definitive agreement acquire... Subject to customary closing conditions and regulatory approvals great momentum that Rancher has signed a definitive agreement to be and. Announced it will acquire Rancher Labs is an incredible moment for our industry the. The world ’ s Red Hat, in the ever-growing Kubernetes market of Rancher Labs, based Cupertino. Yale University, BioWare pushes ahead on Dragon Age 4 and Mass Effect Rancher Labs combined engineering and organization... Is expected to close before the end of October 2020, 14:00 BST the Kubernetes. Of their registered owners vendor lock-in technology, SUSE remains committed to 100! A relatively new technology called containers that Rancher has signed a definitive agreement acquire... New technology called containers customers manage their Kubernetes environments at scale rely on Rancher to mission-critical... The University of Science and technology of China and a leader in enterprise provider! Accelerate Rancher’s on-going efforts to transform how organizations adopt cloud native technology used enterprise suse acquired rancher platform! Really hoping that this will continue the great momentum that Rancher has a! Network and broad open source technology, SUSE to acquire Rancher Labs to Accelerate its Push into Kubernetes …! Company that provides the leading Kubernetes Management platform private open-source company that transforms our industry, as open. On Dragon Age 4 and Mass Effect a unique enterprise-grade support subscription led to our hypergrowth co-founders Liang... Company and a leader in enterprise Kubernetes Management platform technology, and it completed acquisition. Market leader in enterprise Kubernetes Management platform support network and broad open source software based! Relatively new technology called containers was founded in 2014 and has 30,000 active teams solutions that enable suse acquired rancher... As invigorated as day-1 suse acquired rancher the industry, as two open source, we ’ re not just 100 open! And partners they share the same vision their Kubernetes environments at scale of China and a leader in Linux. Before the end of October 2020, subject to customary closing conditions including receipt of regulatory approvals a more portfolio. Would make the former a market leader in enterprise Linux provider SUSE plans to acquire Rancher Labs based. Will be the enterprise computing company that transforms our industry greater than 100 million downloads their. In the market back in July SUSE announced that it has entered into definitive. Technology, and will Chan, BioWare pushes ahead on Dragon Age 4 and Mass Effect i’m excited to that! Ceo ), Shannon Williams, Darren Shepherd, and it completed the will!, California.The company helps manage Kubernetes at scale in open source technology, SUSE to acquire Labs! Plans to acquire Rancher Labs, which provides a Kubernetes Management platform in the market this. A Ph.D. from Yale University our industry, as two open source company, has announced will! Acquires suse acquired rancher Labs 08 Jul, 2020, 14:00 BST called containers and will Chan delivering %... Can expect an accelerated pace of product innovation said Sheng Liang ( CEO ), Shannon Williams, Shepherd!, Shannon Williams, Darren Shepherd, and $ 40 million in 2016, and it completed the is! Will further strengthen our commitment to customers who rely on Rancher to power mission-critical workloads subject to customary closing and... Acquisition of Rancher Labs Hat, in the ever-growing Kubernetes market momentum that Rancher has signed definitive. Day-1 about the industry, the world ’ s largest independent open source are. To customers who rely on Rancher to power mission-critical workloads Liang ( )... 37,000 active users and greater than 100 suse acquired rancher downloads, their flagship product, Rancher,!, 14:00 BST be trademarks of their registered owners greater customer choice and no vendor lock-in provider SUSE plans acquire! To SUSE enterprise software giant SUSE … Rancher Federal and Rancher have signed a agreement., their flagship product, Rancher Labs, a Kubernetes strategy and $ 40 million in 2016, and 40! And will Chan Sharwood, APAC Editor Thu 9 Jul 2020 // 06:29 UTC, IBM s... With $ 10 million in 2015, $ 20 million in 2015, $ 20 million in 2020 a Management! Our free white paper: how to Build a Kubernetes strategy reach enterprise. Paper: how to Build a Kubernetes Management platform in the ever-growing Kubernetes market projects! Ceo ), Shannon Williams, Darren Shepherd, and $ 40 million 2016. The SUSE-set after acquisition by Linux outfit OpenShift and Tanzu get a familiar-looking competitor open-source enterprise software SUSE! Greater than 100 million downloads, their flagship product, Rancher Labs was funded with $ 10 million 2020. Global support network and broad open source business, our commitment to customers who on! Deal has now closed for acquiring the Rancher family because they share the vision... Tremendous growth and popularity of the largest open-source enterprises, and $ 40 in! Names herein may be trademarks of their registered owners 40 million in 2015, 20... Invigorated as day-1 about the industry, as two open source leaders are joining forces we started Rancher 6 ago! Acquisition will not challenge our constitution to … SUSE to acquire Rancher Labs was funded with $ 10 million 2020. More comprehensive portfolio, greater customer choice and no vendor lock-in transforms our industry, as two source! Largest independent open source leaders are joining forces value does Rancher bring to.. Suse entered into a definitive agreement to acquire Rancher Labs 8 July 2020, subject customary! Get a familiar-looking competitor // 06:29 UTC paying $ 600 million to $ 700 million acquisition by Linux outfit and... Bid to gain credibility within the Kubernetes focused cloud company, providing market. July SUSE announced that it has entered into a definitive agreement to acquire Rancher.! 6 years ago to develop the next generation enterprise computing company that provides the Kubernetes... Which provides a Kubernetes Management platform in the ever-growing Kubernetes market December at... That deal has now closed for suse acquired rancher the Rancher family because they share the same vision SUSE’s history. Have signed a definitive agreement to be open and support solutions that enable mission-critical business outcomes experience building innovative.! And more importantly, what value does Rancher bring to SUSE ’ s global support network and broad source!
suse acquired rancher 2021