suse acquired rancher

Rancher Labs was founded in 2014 and has 30,000 active teams. 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 … 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. 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. That deal has now closed for acquiring the Kubernetes focused cloud company. +44 (0) 7914 014145. jenna@waterscomms.com SUSE Completes Its Acquisition Of Rancher Labs. 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. 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 and Rancher Labs official logos. Waters Communications Sara Stephens Back in July SUSE announced its intention to acquire Rancher Labs. SUSE acquires Rancher Labs for reported $600M+ as it chases $1B revenue goal by Maria Deutscher. 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. Related Posts. The SUSE Group is one of the largest open-source enterprises, and it completed the acquisition of Rancher Labs, a Kubernetes management startup. 5 Comments. 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 is acquiring the Rancher family because they share the same vision. - July 8, 2020 – SUSE, the world’s largest independent open source company, has entered into a definitive agreement to acquire Rancher Labs. Morning Bytes . SUSE announced that it has entered into a definitive agreement to acquire Rancher Labs. Rancher Labs, based in Cupertino, Calif., helps enterprise customers manage their Kubernetes environments at scale. The price of the acquisition was not disclosed. SUSE has decided to buy Kubernetes-wrangler Rancher Labs. SUSE chameleon official plush toy. Sheng has more than 15 years of experience building innovative technology. I’m excited to announce that Rancher has signed a definitive agreement to be acquired by SUSE. 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 … We could not have anticipated the tremendous growth and popularity of the Kubernetes technology. SUSE, a major Linux and cloud company, has announced it will acquire Rancher Labs. 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). 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. Rancher was able to thrive in this exciting and highly dynamic market because we developed innovative products loved by end users. Based in Cupertino, Calif., Rancher is a privately held open source company, providing a market leading Kubernetes Management platform. 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 … 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. “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.”. Editor Team - July 9, 2020. from the University of Science and Technology of China and a Ph.D. from Yale University. SUSE to Acquire Rancher Labs (zdnet.com) 392 points by flyingyeti 3 months ago | hide | past | favorite | 152 comments: leonardteo 3 months ago. You can expect an accelerated pace of product innovation. Rancher Labs is an open source software company based in Cupertino, California.The company helps manage Kubernetes at scale. SUSE to Acquire Rancher Labs July 8, 2020 Deborah Schalm 0 Comments rancher labs, SUSE. Suse, which describes itself as “the world’s largest independent open source company,” today announced that it has acquired Rancher Labs, a company that … “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. At Rancher we take pride in our industry-leading customer satisfaction with an NPS score of over 80. Linkedin. 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 … Rancher Federal to be Acquired by SUSE. 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. 1318. 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 is the largest independent open source software company and a leader in enterprise Linux. Grass-roots adoption coupled with a unique enterprise-grade support subscription led to our hypergrowth. Rancher rides off into the SUSE-set after acquisition by Linux outfit OpenShift and Tanzu get a familiar-looking competitor. 0. by Deborah Schalm . 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. Open-source enterprise software giant SUSE … All Rights Reserved. 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. Jenna Dobkin SUSE Acquires Rancher Labs to Accelerate Its Push into Kubernetes. SUSE, the world’s largest independent open source company, has signed a definitive agreement to acquire Rancher Labs. Written by Michael Larabel in SUSE on 1 December 2020 at 12:28 PM EST. Ceo ), Shannon Williams, Darren Shepherd, and $ 40 million in 2015, 20. Helps manage Kubernetes at scale and follow @ Rancher_Labs on Twitter compete its! Rides off into the SUSE-set after acquisition by Linux outfit OpenShift and Tanzu a! 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