5 Comments. The deal is expected to close before the end of October 2020, subject to customary closing conditions and regulatory approvals. SUSE is moving to grow its Kubernetes business by acquiring enterprise Kubernetes management platform specialist Rancher Labs. Other investors include the likes of Mayfield and Nexus Venture Partners, GRC SinoGreen and F&G Ventures. The combined company brings together a Linux operating system, a Kubernetes management platform, and a host of edge capabilities that will give enterprises the power to innovate everywhere. One Platform for Kubernetes Management. 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 … reply. And while it already offered a Kubernetes-based container platform, Rancher’s expertise will only help it to build out this business. Rancher Labs was founded in 2014 and has 30,000 active teams. March 18, 2019. 11 HOURS AGO, SECURITY - BY DUNCAN RILEY . The two companies did not disclose the price of the acquisition, but Rancher was well funded, with a total of $95 million in investments. reply. 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, which describes itself as ‘the world’s largest independent open source company,’ today announced that it has acquired Rancher Labs, a company that has long focused on making it easier for enterprises to make their container clusters.. Far from it! IBM announced on Tuesday a deal to purchase Q1 Labs, a security intelligence software company that started in Fredericton. It reports having over 30,000 active users and 100 million downloads. Cresco Labs Enters Florida Medical Cannabis Market With $120-Million Acquisition. 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 Suse CEO Melissa Di Donato in today’s announcement. didip 4 hours ago. SHARE. SUSE Completes Acquisition of Rancher Labs December 3, 2020 LONDON and CUPERTINO, Calif., Dec. 3, 2020 -- SUSE, a global leader in true open source innovation, has announced it has closed the acquisition of Rancher Labs, a market leader in Kubernetes management. Just last month, the company reported the annual contract value of its booking increased by 30% year over year and that it saw a 63% increase in customer deals worth more than $1 million in the last quarter, with its cloud revenue growing 70%. 2020-11-26. The two companies did not disclose the price of the acquisition, but Rancher was well funded, with a total of $95 million in investments. Thanks! It has over 80 million downloads and It reports having over 30,000 active users and 100 million downloads. SUSE’s global reach and enterprise focus will further strengthen our commitment to customers who rely on Rancher to power mission-critical workloads. Cresco Labs and Origin House Announce Amendment to Arrangement Agreement and Non-brokered Financing. The price of the acquisition was not disclosed. 2020-06-03. Liang indicated that SUSE was likely attracted to Rancher’s popular reputation within the enterprise world and noted that the vast majority of his firm’s deals originated from prospects coming directly to the company. Share. That deal has now closed for acquiring the Kubernetes focused cloud company. SUSE Completes Its Acquisition Of Rancher Labs. Acquisition Price: Financial terms not disclosed Acquisition Date: July 10, 2020 Tech startup Stitch Labs was founded in 2011 by Brandon Levey, Jake Gasaway, and Michelle Laham. SUSE Completes Acquisition of Rancher Labs. The combined company brings together a best-in-class Linux operating system, a market-leading Kubernetes management platform, and a host of pioneering edge … If you like the reporting, video interviews and other ad-free content here, please take a moment to check out a sample of the video content supported by our sponsors, What's coming next in cloud? This is a union that brings together the best in Kubernetes management, Linux and Edge computing to address the needs of all customers seeking to grow their business and out-innovate their competition. Blog • Open Source Additional Linux Power For SAP Business One. This new integrated feature for Rancher managed clusters allows you to run ad-hoc security scans of your RKE clusters against more than 100 CIS benchmarks published by the Center for Internet Security. The Rancher Labs acquisition bolsters SUSE’s open source and Kubernetes offerings to partners and customers. The combined company brings together a Linux operating system, a Kubernetes management platform, and a host of edge capabilities that will give enterprises the power to innovate everywhere. It has over 80 million downloads and . Executives include co-founders Sheng Liang (CEO), Shannon Williams, Darren Shepherd, and Will Chan. “Red Hat did a lot of good things for open source, for Linux, for Kubernetes,” Liang said. The acquisition will further their mutual goals with this arrangement, said leaders of both companies. It leverages containers to accelerate software development and improve IT operations. SUSE finalise l'acquisition de RANCHER LABS Vendredi 08 janvier 2021 à 08h00 SUSE, leader global de l’innovation dans le secteur de l’open source, a annoncé avoir conclu l’acquisition de Rancher Labs, eux-mêmes leader de marché dans la gestion de Kubernetes. reply. The more subscribers we have, the more YouTube will suggest relevant enterprise and emerging technology content to you. “We don’t believe OpenShift by itself actually solves the kind of problem we’re seeing with customers today. 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 … The deal is expected to close before the end of October 2020, subject to customary closing conditions and regulatory approvals. The OS is just the price of entry, however, and it is through the Rancher product that the company wants to really make a dent. German-based Linux distribution company SUSE has announced plans to acquire Kubernetes management outfit Rancher Labs.. SUSE, a global leader in true open-source innovation, 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. The acquisition will further their mutual goals with this arrangement, said leaders of both companies. Pillsbury Winthrop Shaw Pittman LLP advised Rancher Labs on the deal. Does this mean the project is being put out to pasture? Mark Albertson, 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 displayed on the websites of both companies — reads “Stronger. Press Release Mergers and Acquisitions News State by State: Florida. “It’s likely faster and easier for SUSE to buy Rancher than it would be to develop solutions similar to those the company is well-known for. "With the close of our acquisition of Rancher Labs, we are releasing the power to innovate everywhere – from the data center, to the cloud, to the edge, and beyond," SUSE's CEO, Melissa Di Donato, wrote in a blog post on the day the deal closed. “Even with the $95 million we raised, we really haven’t spent the majority of it. The … The platform makes it easy to manage all aspects of running containers in development and production environments, on any Kubernetes cluster. … We’d also like to tell you about our mission and how you can help us fulfill it. Imagine unmatched agility that lets you tackle the business challenges of today, without compromising the freedom to evolve your strategy tomorrow. The deal is expected to close before the end of October 2020, subject to customary closing conditions and regulatory approvals. Rancher Labs was founded in 2014 and has 30,000 active teams. 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 reports having over 30,000 active users and 100 million downloads. Keeping the quality high requires the support of sponsors who are aligned with our vision of ad-free journalism content. Together.”, “With the combination of Rancher and SUSE going forward, we’re going to be able to supply the enterprise container platform of choice for lots of customers,” said Sheng Liang (pictured), co-founder and chief executive officer of Rancher. Acquisition Details Rancher Labs, a privately-held open-source company, and Suse, the largest independent open-source software company and a leader in enterprise Linux, shared close ties from earlier open-source activities. Rancher Labs has 37,000 active users and more than 100 million downloads. LONDON and CUPERTINO, Calif. 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. For his part, Liang is quite willing to contrast his technology with OpenShift. Today, with the close of our acquisition of Rancher Labs, we are releasing the power to innovate everywhere – from the data center, to the cloud, to the edge, and beyond. Open-source enterprise software giant SUSE Group today said it has completed the acquisition of Kubernetes management startup Rancher Labs Inc.. Rancher Continuous Delivery allows for maximum cluster consistency from core to cloud to edge.

Rancher supports from 1 to 1,000,000 clusters from a single console with built-in security capabilities, running any CNCF-certified Kubernetes distribution. 7/8/20Maria DeutschersiliconANGLESUSE acquires Rancher Labs for reported $600M+ as it chases … It leverages containers to accelerate software development and improve IT operations. SUSE’s pending $600 million acquisition of Rancher Labs was big news. SiliconANGLE Media Inc.’s business model is based on the intrinsic value of the content, not advertising. What we can say is that SUSE believes its expertise in enterprise Linux, AI … Simon Sharwood, APAC Editor Thu 9 Jul 2020 // 06:29 UTC. That kind of mentality really resonated with us.”. 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 … Rancher is a widely used enterprise Kubernetes management … Simon Sharwood, APAC Editor Thu 9 Jul 2020 // 06:29 UTC. Imagine no more. Subscribe. Developer of a container technology intended for enterprises looking to run containers and Kubernetes in production. This field is for validation purposes and should be left unchanged. I … 13 HOURS AGO, [the voice of enterprise and emerging tech]. It addresses the operational and security challenges of managing multiple Kubernetes clusters, while providing DevOps teams with integrated tools for running containerized workloads. SUSE has decided to buy Kubernetes-wrangler Rancher Labs. As Rancher is privately held neither party is discussing money. I just can’t wait to get going as soon as the deal closes.”. Acquisition Details Rancher Labs, a privately-held open-source company, and Suse, the largest independent open-source software company and … SUSE has decided to buy Kubernetes-wrangler Rancher Labs. tengbretson 5 hours ago. That’s why, with as much investment that has gone into OpenShift, we just see no slowdown. Suse announced it has closed the acquisition of Rancher Labs. Di Donato said Rancher came to the table with 37,000 active deployments, making it "the most widely-adopted Kubernetes management platform." Rancher Labs is an open source software company based in Cupertino, California.The company helps manage Kubernetes at scale. Open-source enterprise software giant SUSE Group today said it has completed the acquisition of Kubernetes management startup Rancher Labs Inc.. Unlike many online publications, we don’t have a paywall or run banner advertising, because we want to keep our journalism open, without influence or the need to chase traffic. The acquisition is great for Rancher customers and partners. Far from it! The price of the acquisition was not disclosed. Powers the Ability for Enterprises to Innovate Everywhere. The … Blog • Open Source New Linux Milestone With Suse SLES 15 SP2. Acquisition of Rancher Labs fuels SUSE's competition with Red Hat - SiliconANGLE ... but one report on Wednesday pegged the price of the acquisition at between $600 million and $700 million. They have not released the details as to the price of the purchase. Like similar companies, Rancher’s original focus was first on Docker infrastructure before it pivoted to putting its emphasis on Kubernetes, once that became the de facto standard for container orchestration. “The acquisition of Rancher Labs is a tactical value play that aims to ease and simplify the deployment and management of SUSE’s container solutions and services,” said King. Red Hat remains a top rival to SUSE in the Linux field. SUSE, a major Linux and cloud company, has announced it will acquire Rancher Labs.Based in Cupertino, Rancher is a privately held open-source company with … Iconic games portfolio, publishing expertise, and world-class talent accelerates growth in Microsoft’s Gaming business REDMOND, Wash. September 21, 2020 – More than three billion people on the planet play games for fun, escape, and human connection. I can't find acquisition price anywhere. Rancher is a complete software stack for teams adopting containers. LONDON and CUPERTINO, Calif. 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. VIDEO EXCLUSIVE by The platform makes it easy to manage all aspects of running containers in development and production environments, on any Kubernetes cluster. The deal is expected to close before the end of October 2020, subject to customary closing conditions and regulatory approvals. Their flagship product “Rancher” is a Kubernetes management platform, and “Rancher Kubernetes Engine (RKE)” is a CNCF-certified Kubernetes … tengbretson 5 hours ago. … We’d also like to tell you about our mission and how you can help us fulfill it. didip 4 hours ago. Liang spoke today with Stu Miniman, host of theCUBE, SiliconANGLE Media’s livestreaming studio. The terms of the deal were not officially announced by either company, but one report on Wednesday pegged the price of the acquisition at between $600 million and $700 million. 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