Sara Stephens Facebook. Copy. 5 Comments. +1 (415) 652-2185, Caroline Tarbett Rancher Labs was funded with $10 million in 2015, $20 million in 2016, and $40 million in 2020. 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 … 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 … Sheng has more than 15 years of experience building innovative technology. Rancher is the most widely used enterprise Kubernetes platform. 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. 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. Twitter. All product and company names herein may be trademarks of their registered owners. Based in Cupertino CA Rancher is a privately held open source company, providing a Kubernetes Management platform. 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. 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. Based in Cupertino, Rancher is a privately held open-source … SUSE acquires Rancher! Share. That deal has now closed for acquiring the Kubernetes focused cloud company. from the University of Science and Technology of China and a Ph.D. from Yale University. Two people familiar with the deal said SUSE is paying $600 million to $700 million. Rancher and SUSE together will be the enterprise computing company that transforms our industry. 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. Rancher was able to thrive in this exciting and highly dynamic market because we developed innovative products loved by end 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. SUSE is the largest independent open source software company and a leader in enterprise Linux. SUSE Acquires Rancher Labs to Accelerate Its Push into Kubernetes. Continental Innovates with Rancher and Kubernetes, SUSE TO ACQUIRE RANCHER LABS, BECOMING A MARKET LEADER IN ENTERPRISE KUBERNETES MANAGEMENT. But I am really hoping that this will continue the great momentum that Rancher has. Media Relations Contact: With its heritage in open source technology, SUSE remains committed to delivering 100% true open source technologies with no vendor lock-in. Products. Avaaz: Facebook continues to fail at … SUSE acquires Rancher Labs to compete with Red Hat OpenShift. Acquisition of Rancher Labs. Terms of the pending deal were not disclosed. Jenna Dobkin caroline@rancher.com sara.stephens@suse.com 1318. 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, 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. by Deborah Schalm . The … “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.”. 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. What will happen to the Rancher leadership. By combining Rancher and SUSE, we not only gain massive engineering resources to further strengthen our market-leading product, we are also … As Rancher is privately held neither party is discussing money. 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. 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. The deal will allow SUSE to compete with its rival, IBM’s Red Hat, in the ever-growing Kubernetes market. 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 rides off into the SUSE-set after acquisition by Linux outfit OpenShift and Tanzu get a familiar-looking competitor. Linkedin. Back in July SUSE announced its intention to acquire Rancher Labs. Open-source enterprise software giant SUSE … Grass-roots adoption coupled with a unique enterprise-grade support subscription led to our hypergrowth. The acquisition is great for Rancher customers and partners. SUSE is acquiring the Rancher family because they share the same vision. Sheng has a B.S. Morning Bytes . - July 8, 2020 – SUSE, the world’s largest independent open source company, has entered into a definitive agreement to acquire Rancher Labs. “Rancher and SUSE will help organizations control their cloud native futures,” said Sheng Liang, Rancher CEO. All Rights Reserved. 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. 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 … Rancher Labs is an open source software company based in Cupertino, California.The company helps manage Kubernetes at scale. We’re not just 100 percent open source, we’re 100 percent open with no vendor lock-in. 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. Be open and support solutions that enable mission-critical business outcomes their cloud native futures, ” Sheng... 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