SUSE acquires Rancher Labs to compete with Red Hat OpenShift. What will happen to the Rancher leadership. 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 … Read our free white paper: How to Build a Kubernetes Strategy. 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. Related Posts. Spread the love. SUSE to Acquire Rancher Labs July 8, 2020 Deborah Schalm 0 Comments rancher labs, SUSE. I’m thrilled to announce that Rancher Federal and Rancher have signed a definitive agreement to be acquired by SUSE. Rancher was able to thrive in this exciting and highly dynamic market because we developed innovative products loved by end users. 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. caroline@rancher.com Rancher Labs was founded in 2014 and has 30,000 active teams. All Rights Reserved. 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. 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 … We started Rancher 6 years ago to develop the next generation enterprise computing platform built on a relatively new technology called containers. Based in Cupertino, Calif., Rancher is a privately held open source company, providing a market leading Kubernetes Management platform. Continental Innovates with Rancher and Kubernetes, SUSE TO ACQUIRE RANCHER LABS, BECOMING A MARKET LEADER IN ENTERPRISE KUBERNETES MANAGEMENT. Share this article. SUSE, a major Linux and cloud company, has announced it will acquire Rancher Labs. 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. Editor Team - July 9, 2020. 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 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. by Deborah Schalm . SUSE’s global reach and enterprise focus will further strengthen our commitment to customers who rely on Rancher to power mission-critical workloads. “This is an incredible moment for our industry, as two open source leaders are joining forces. - July 8, 2020 – SUSE, the world’s largest independent open source company, has entered into a definitive agreement to acquire Rancher Labs. This would make the former a market leader in enterprise Kubernetes management. SUSE acquires Rancher! On 8 July 2020, SUSE announced its definitive agreement to acquire Rancher Labs, which provides a Kubernetes management platform. 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 The … With 37,000 active users and greater than 100 million downloads, their flagship product, Rancher, is a leading Kubernetes management platform. 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. Sharing this ethos, Rancher will continue its strategy to be open and support multiple Kubernetes distributions and operating systems. Well congrats to the team for the exit. 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. 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. 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. 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. Rancher Labs You can expect an accelerated pace of product innovation. December 5, 2020. +44 (0) 7914 014145. 0. Share. SUSE is acquiring the Rancher family because they share the same vision. © Copyright 2021 Rancher. Linkedin. Rancher is a private open-source company that provides the leading Kubernetes management platform in the market. 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. For more information, visit www.suse.com. What will happen to products and projects and more importantly, what value does Rancher bring to SUSE. SUSE announced that it has entered into a definitive agreement to acquire Rancher Labs. SUSE Completes Its Acquisition Of Rancher Labs. 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 … Company. Back in July SUSE announced its intention to acquire Rancher Labs. By. Open-source enterprise software giant SUSE … Copy. SUSE is the largest independent open source software company and a leader in enterprise Linux. The deal will allow SUSE to compete with its rival, IBM’s Red Hat, in the ever-growing Kubernetes market. Rancher and SUSE together will be the enterprise computing company that transforms our industry. 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). 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. I’m excited to announce that Rancher has signed a definitive agreement to be acquired by SUSE. 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. The deal is expected to close before the end of October 2020, subject to customary closing conditions and regulatory approvals. SUSE Acquires Rancher Labs to Accelerate Its Push into Kubernetes. “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.”. The SUSE Group is one of the largest open-source enterprises, and it completed the acquisition of Rancher Labs, a Kubernetes management startup. Rancher is the most widely used enterprise Kubernetes platform. After the acquisition closes later this year, I will lead the combined engineering and innovation organization at SUSE. Executives include co-founders Sheng Liang (CEO), Shannon Williams, Darren Shepherd, and Will Chan. The merger of a leader in enterprise Linux, edge computing and AI with a leader in Enterprise … SUSE is the largest independent open source software company and a leader in enterprise Linux. 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 price of the acquisition was not disclosed. As Rancher is privately held neither party is discussing money. SUSE acquires Rancher Labs for reported $600M+ as it chases $1B revenue goal by Maria Deutscher. SHARE. 8 … We could not have anticipated the tremendous growth and popularity of the Kubernetes technology. The companies announced the deal Wednesday but didn’t disclose the terms. The deal is expected to close before the end of October 2020, subject to customary closing conditions including receipt of regulatory approvals. sara.stephens@suse.com All Rights Reserved. Enterprise Linux provider SUSE plans to acquire Rancher Labs in a bid to gain credibility within the Kubernetes container management market. SUSE , Rancher Labs 08 Jul, 2020, 14:00 BST. And given SUSE’s 28-year history building a highly successful open source business, our commitment to open source will remain strong. By Akarshan Narang-July 8, 2020. Acquisition of Rancher Labs. Based in Cupertino CA Rancher is a privately held open source company, providing a Kubernetes Management platform. Sheng has more than 15 years of experience building innovative technology. Waters Communications © Copyright 2021 Rancher. Shannon Williams Published: July 8, 2020. 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. +1 (908) 347-5469, For Rancher Labs: SUSE, the world’s largest independent open source company, has entered into a definitive agreement to acquire Rancher Labs. SUSE To Acquire Rancher Labs. Media Relations Contact: I've come to quite enjoy Rancher products. All product and company names herein may be trademarks of their registered owners. 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 … Rancher Federal 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 … For additional information, visit rancher.com and follow @Rancher_Labs on Twitter. “Rancher and SUSE will help organizations control their cloud native futures,” said Sheng Liang, Rancher CEO. 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. 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. Rancher Labs was funded with $10 million in 2015, $20 million in 2016, and $40 million in 2020. As key leadership leaves, BioWare pushes ahead on Dragon Age 4 and Mass Effect . Grass-roots adoption coupled with a unique enterprise-grade support subscription led to our hypergrowth. 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. With its heritage in open source technology, SUSE remains committed to delivering 100% true open source technologies with no vendor lock-in. Enterprise focus will further strengthen our commitment to open source company, providing a Kubernetes platform. Open-Source company suse acquired rancher transforms our industry, as two open source, we ’ re percent... Suse Acquires Rancher Labs, a Kubernetes Management platform in the market challenge our constitution …... That transforms our industry get a familiar-looking competitor to products and projects more. 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