suse rancher acquisition

SUSE has decided to buy Kubernetes-wrangler Rancher Labs. SUSE (/ ˈ s uː z ə / SOO-zə) is a German-based, multinational, open-source software company that develops and sells Linux products to business customers. Rancher’s equal commitment to the open source community is backed by its support for multiple Kubernetes distributions and operating systems. As Rancher is privately held neither party is discussing money. Di Donato underscores these points. Let us know so we can fix it. 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. Rancher's customers include American Express, Comcast, Deutsche Bahn and Viasat. The acquisition will enable SUSE to … Simplify infrastructure management and run IT free of interruptions across varied environments, Run SAP solutions in the most reliable and easy to manage way possible, Manage multiple Kubernetes clusters in any environment that enterprises utilize, Move workloads and applications across cloud and on-premise, bare metal and virtualized infrastructure, Introduce new digital capabilities faster and more frequently to improve deeply engaging customer experiences, Benefit from ever-growing data volumes and manage those in a cost-effective manner, Provide the optimal platform to run and manage high-performance AI/ML and analytics workloads, Transform essential products—from cars to medical devices—into intelligent ones and deliver excellent customer experiences, Save taxpayer dollars, improve operational readiness, and the consumer experience with federal government programs, Consulting plus direct support to fast track your implementation, Dedicated support services from a premium team, Community packages for SUSE Linux Enterprise Server, Sales Number: SUSE puts the “open” back in open source, giving customers the agility to tackle innovation challenges today and the freedom to evolve their strategy and solutions tomorrow. Get this delivered to your inbox, and more info about our products and services. Rancher's core software draws on the Kubernetes container management software that Google released under an open-source license in 2014. This week, the acquisition officially closed, leaving Liang free to discuss his strategy for solving the Kubernetes deployment challenges that still face SUSE's base of large, traditional enterprise customers. SUSE Completes Its Acquisition Of Rancher Labs Written by Michael Larabel in SUSE on 1 December 2020 at 12:28 PM EST. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Based in Cupertino, Rancher is a privately held open-source company with … Last year, former Salesforce and SAP executive Melissa Di Donato replaced Nils Brauckmann as SUSE's CEO. “I knew SUSE was the right company for us because of our shared ethos, viewpoint and philosophy of open source driving value to business leaders,” said Sheng Liang, former Rancher CEO and, as of today, the new President of Engineering and Innovation at SUSE. We want to hear from you. SUSE, backed by a strong 28-year history and dedication to open source innovation, powers mission-critical applications and systems and is embedded in many devices like automobiles and medical devices around the world. With no vendor lock-in or limits on where computing takes place, enterprises can seamlessly innovate across their business from the edge to the core to the cloud. The companies announced the deal Wednesday but didn't disclose the terms. Talks between the companies began in the spring, and the process became competitive with additional bids, Ursheet Parikh, a partner at Rancher backer Mayfield Fund, told CNBC on Tuesday. SUSE completes acquisition of Rancher Labs. 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 … Two people familiar with the deal said SUSE is paying $600 million to $700 million. For more information, visit www.suse.com. SUSE’s acquisition of Rancher Labs puts the open source software vendor in a much stronger position to offer flexible, edge-based services to customers, according to an analyst at IDC. 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 … That deal has now closed for acquiring the Kubernetes focused cloud company. "So far we haven't spent two-thirds of it," Liang said of the $95 million. For support information, please visit Support. "It also provides SUSE a pathway to better engage with platform engineering teams, who are often at the forefront of DevOps efforts." Two people familiar with the deal say SUSE is paying at least $600 million. Disclosure: Comcast is the owner of NBCUniversal, parent company of CNBC. 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. It is the developer of SUSE Linux Enterprise and the primary sponsor of the community-supported openSUSE Project, which develops the openSUSE Linux distribution. SUSE is about a year older than Red Hat. “We have historically delivered innovative solutions that anticipate what enterprises need, and today with Rancher, we are set to make history again. What we can say is that SUSE believes its expertise in enterprise Linux, AI and edge computing will benefit from Rancher’s Kubernetes management stack. © 2021 CNBC LLC. SUSE, a global leader in true open-source innovation, has closed the acquisition of Rancher Labs, the market leader in Kubernetes management. Rancher CEO Sheng Liang said: “After the acquisition closes later this year, I will lead the combined engineering and innovation organization at SUSE. 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