© Copyright 2021 Rancher. Enterprise Linux provider SUSE plans to acquire Rancher Labs in a bid to gain credibility within the Kubernetes container management market. Share. 1318. SUSE, a major Linux and cloud company, has announced it will acquire Rancher Labs. © Copyright 2021 Rancher. 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. 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. This acquisition is a launch point for further growth of Rancher. Linkedin. +44 (0) 7914 014145. SUSE, the world’s largest independent open source company, has signed a definitive agreement to acquire Rancher Labs. At Rancher we take pride in our industry-leading customer satisfaction with an NPS score of over 80. Simon Sharwood, APAC Editor Thu 9 Jul 2020 // 06:29 UTC. The acquisition is great for Rancher customers and partners. We started Rancher 6 years ago to develop the next generation enterprise computing platform built on a relatively new technology called containers. SUSE acquires Rancher Labs to compete with Red Hat OpenShift. “This acquisition enhances our ability to offer a more comprehensive portfolio, greater customer choice and no vendor lock-in. Jenna Dobkin The deal is expected to close before the end of October 2020, subject to customary closing conditions including receipt of regulatory approvals. Get a free Techzine subscription! I've come to quite enjoy Rancher products. We’re not just 100 percent open source, we’re 100 percent open with no vendor lock-in. What we can say is that SUSE believes its expertise in enterprise Linux, AI … Rancher Labs, based in Cupertino, Calif., helps enterprise customers manage their Kubernetes environments at scale. I feel as invigorated as day-1 about the industry, the technology, and our business. Continental Innovates with Rancher and Kubernetes. (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. The price of the acquisition was not disclosed. by Deborah Schalm . By Akarshan Narang-July 8, 2020. By combining Rancher and SUSE, we not only gain massive engineering resources to further strengthen our market-leading product, we are also … After the acquisition closes later this year, I will lead the combined engineering and innovation organization at SUSE. All Rights Reserved. Rancher is the most popular Kubernetes Management platform in the world and has quickly become the choice of US government organizations building secure, scalable solutions on … 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. Terms of the pending deal were not disclosed. 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. 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. 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. Copy. 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. 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. SUSE , Rancher Labs 08 Jul, 2020, 14:00 BST. SUSE acquires Rancher Labs for reported $600M+ as it chases $1B revenue goal by Maria Deutscher. The merger of a leader in enterprise Linux, edge computing and AI with a leader in Enterprise … For additional information, visit rancher.com and follow @Rancher_Labs on Twitter. Rancher Labs 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. I’m excited to announce that Rancher has signed a definitive agreement to be acquired by SUSE. The acquisition of Rancher is the first step in SUSE’s inorganic growth strategy since becoming a fully independent software company in March 2019. Rancher rides off into the SUSE-set after acquisition by Linux outfit OpenShift and Tanzu get a familiar-looking competitor. As key leadership leaves, BioWare pushes ahead on Dragon Age 4 and Mass Effect . “This is an incredible moment for our industry, as two open source leaders are joining forces. The … 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. Rancher Labs was founded in 2014 and has 30,000 active teams. 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 … 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 has decided to buy Kubernetes-wrangler Rancher Labs. 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. You can expect an accelerated pace of product innovation. Based in Cupertino, Calif., Rancher is a privately held open source company, providing a market leading Kubernetes Management platform. 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. Company. +1 (415) 652-2185, Caroline Tarbett 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. caroline@rancher.com Head of External Communications, SUSE Sheng has a B.S. The SUSE Group is one of the largest open-source enterprises, and it completed the acquisition of Rancher Labs, a Kubernetes management startup. 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 … SUSE is acquiring the Rancher family because they share the same vision. Open-source enterprise software giant SUSE … Weekly Advisor. “Rancher and SUSE will help organizations control their cloud native futures,” said Sheng Liang, Rancher CEO. Rancher was able to thrive in this exciting and highly dynamic market because we developed innovative products loved by end users. “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.”. SUSE is the largest independent open source software company and a leader in enterprise Linux. Twitter. 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. Suse, which describes itself as “the world’s largest independent open source company,” today announced that it has acquired Rancher Labs, a company that … 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 … Sheng has more than 15 years of experience building innovative technology. 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. 0. 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 SUSE announced that it has entered into a definitive agreement to acquire Rancher Labs. 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. With 37,000 active users and greater than 100 million downloads, their flagship product, Rancher, is a leading Kubernetes management platform. SUSE to Acquire Rancher Labs (zdnet.com) 392 points by flyingyeti 3 months ago | hide | past | favorite | 152 comments: leonardteo 3 months ago. Based in Cupertino CA Rancher is a privately held open source company, providing a Kubernetes Management platform. Morning Bytes . 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 and Rancher Labs official logos. Continental Innovates with Rancher and Kubernetes, SUSE TO ACQUIRE RANCHER LABS, BECOMING A MARKET LEADER IN ENTERPRISE KUBERNETES MANAGEMENT. For more information, visit www.suse.com. 8 … Rancher and SUSE together will be the enterprise computing company that transforms our industry. SUSE is the largest independent open source software company and a leader in enterprise Linux. - July 8, 2020 – SUSE, the world’s largest independent open source company, has entered into a definitive agreement to acquire Rancher Labs. Likewise, SUSE’s strong ecosystem will greatly accelerate Rancher’s on-going efforts to transform how organizations adopt cloud native technology. London-based SUSE, a Linux distribution company controlled by private equity firm EQT, today announced that it has acquired Rancher Labs, a market leader in Kubernetes container management. Spread the love. 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. SUSE chameleon official plush toy. SUSE entered into a definitive agreement to acquire Rancher Labs. On 8 July 2020, SUSE announced its definitive agreement to acquire Rancher Labs, which provides a Kubernetes management platform. Share this article. SUSE To Acquire Rancher Labs. Waters Communications 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. SUSE Acquires Rancher Labs to Accelerate Its Push into Kubernetes. 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 … 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. All product and company names herein may be trademarks of their registered owners. sara.stephens@suse.com The deal will allow SUSE to compete with its rival, IBM’s Red Hat, in the ever-growing Kubernetes market. Rancher Labs is an open source software company based in Cupertino, California.The company helps manage Kubernetes at scale. Sara Stephens Read our free white paper: How to Build a Kubernetes Strategy. By. SUSE acquires Rancher! Written by Michael Larabel in SUSE on 1 December 2020 at 12:28 PM EST. Well congrats to the team for the exit. Rancher’s customers will on the other hand gain access to SUSE’s global support network and broad open source portfolio. 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). “This is an incredible moment for our industry, as two open source leaders are joining forces. Rancher is the most widely used enterprise Kubernetes platform. Avaaz: Facebook continues to fail at … 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.”. Shannon Williams Published: July 8, 2020. Following regulatory approvals and the acquisition’s close, customers of both companies will benefit from a broader best-in-class portfolio as well as from the vastly increased global presence and innovation power. What will happen to the Rancher leadership. SUSE Completes Its Acquisition Of Rancher Labs. I’m excited to announce that Rancher has signed a definitive agreement to be acquired by SUSE. Executives include co-founders Sheng Liang (CEO), Shannon Williams, Darren Shepherd, and Will Chan. Two people familiar with the deal said SUSE is paying $600 million to $700 million. The companies announced the deal Wednesday but didn’t disclose the terms. SUSE to Acquire Rancher Labs July 8, 2020 Deborah Schalm 0 Comments rancher labs, SUSE. SUSE, the world’s largest independent open source company, has entered into a definitive agreement to acquire Rancher Labs. Rancher Federal to be Acquired by SUSE. SUSE collaborates with partners, communities and customers to deliver and support solutions that enable mission-critical business outcomes. Products. Rancher is the most widely used enterprise Kubernetes platform. We could not have anticipated the tremendous growth and popularity of the Kubernetes technology. All Rights Reserved. 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. That deal has now closed for acquiring the Kubernetes focused cloud company. “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.”. 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’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. 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. Grass-roots adoption coupled with a unique enterprise-grade support subscription led to our hypergrowth. Back in July SUSE announced its intention to acquire Rancher Labs. Facebook. +1 (908) 347-5469, For Rancher Labs: SHARE. What will happen to products and projects and more importantly, what value does Rancher bring to SUSE. Based in Cupertino, Rancher is a privately held open-source … “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. 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 … The acquisition will not challenge our constitution to … The deal is expected to close before the end of October 2020, subject to customary closing conditions and regulatory approvals. 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. 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. 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. 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. jenna@waterscomms.com This would make the former a market leader in enterprise Kubernetes management. December 5, 2020. But I am really hoping that this will continue the great momentum that Rancher has. SUSE To Acquire Rancher Labs, Becoming A Market Leader In Enterprise Kubernetes Management News provided by. 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. And given SUSE’s 28-year history building a highly successful open source business, our commitment to open source will remain strong. SUSE acquired Rancher Labs, Kubernetes Management 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. SUSE’s global reach and enterprise focus will further strengthen our commitment to customers who rely on Rancher to power mission-critical workloads. The deal is expected to close before the end of October 2020, subject to customary closing conditions including receipt of … As Rancher is privately held neither party is discussing money. 5 Comments. “This is an incredible moment for our industry, as two open source leaders are joining forces. Media Relations Contact: I’m thrilled to announce that Rancher Federal and Rancher have signed a definitive agreement to be acquired by SUSE. Last week SUSE announced its intent to acquire Rancher Labs. 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. Related Posts. 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. Acquisition of Rancher Labs. 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. Sharing this ethos, Rancher will continue its strategy to be open and support multiple Kubernetes distributions and operating systems. from the University of Science and Technology of China and a Ph.D. from Yale University. 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