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suse rancher acquisition

A Division of NBCUniversal. SUSE has decided to buy Kubernetes-wrangler Rancher Labs. The transaction suggests that even during a recession, demand remains high for technology that can enable companies to operate more efficiently. Only SUSE and Rancher deliver a truly open approach to open source software that can respond to the ever evolving, digital needs of the UK citizen in a rapid and consistent way,” said Jason Daniels, CTO, Law & Order Portfolio at Fujitsu. “Some open source companies are more open than others. Last year, former Salesforce and SAP executive Melissa Di Donato replaced Nils Brauckmann as SUSE's CEO. 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 … 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 was founded in 2014 and is based in Cupertino, California, with more than 200 employees listed on LinkedIn. Got some feedback about the website? SUSE, a global leader in true open-source innovation, has closed the acquisition of Rancher Labs, the market leader in Kubernetes management. All third-party trademarks are the property of their respective owners. As Rancher is privately held neither party is discussing money. Rancher was recently named a leader in The Forrester Wave™: Multicloud Container Development Platforms, Q3 2020 report and 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. The acquisition will enable SUSE to … For support information, please visit Support. 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 … The acquisition of Rancher will undoubtedly fuel comparisons between SUSE’s Kubernetes solution and OpenShift, Red Hat’s own container platform. Powers the Ability for Enterprises to Innovate Everywhere. Our independent approach gives customers the agility to tackle workflow challenges today, and the freedom to evolve their IT strategy and solutions tomorrow.”. SUSE completes acquisition of Rancher Labs. Two people familiar with the deal say SUSE is paying at least $600 million. “We need to innovate in the data center and the cloud, and in order to be agile, we cannot commit to a single, heavy vertical stack. 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. Rancher co-founder and CEO Sheng Liang based his business on addressing this problem, and announced he would sell it to Linux vendor SUSE in July. "It also provides SUSE a pathway to better engage with platform engineering teams, who are often at the forefront of DevOps efforts." 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: That lets it appeal to companies that don't want to be stuck using one cloud. 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 … SUSE and the SUSE logo are registered trademarks of SUSE LLC in the United States and other countries. Rancher also offers its own small distribution of the Linux operating system. "So far we haven't spent two-thirds of it," Liang said of the $95 million. SUSE, the open source software company behind the SUSE Linux distribution, has agreed to acquire Rancher Labs, an enterprise Kubernetes management platform provider, the two companies announced this week.German-based SUSE will acquire Cupertino, Calif.-based Rancher for an undisclosed amount. 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. WATCH: VMware COO: It's our 'birthright' to own the container movement in digital transformation. 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. SUSE, the world's largest independent open source company, has entered into a definitive agreement to acquire Rancher Labs. © 2021 CNBC LLC. We weren't burning money.". VMware COO: We must own the container movement in digital transformation, VMware COO: It's our 'birthright' to own the container movement in digital transformation. The future of cloud-native software is not opinionated, prescriptive monoliths, but flexible vendor-agnostic architectures built to serve each customer’s unique mission. "That kind of gives you an idea of how efficient we've really been. 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. In July, we announced SUSE's intent to acquire Rancher Federal, and now that the acquisition is final, today we embark on a new journey with SUSE.We couldn't be more excited about our future and what this means for our customers around the world. SUSE and Rancher – Enabling our Customers to Innovate Everywhere. In March 2019 EQT bought SUSE from Micro Focus for $2.5 billion. There were "lots of Zoom calls," Parikh said. 5 Comments Back in July SUSE announced its intention to acquire 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 capabilities that will give enterprises the power to innovate everywhere. In July, I announced SUSE's intent to acquire Rancher Labs, and now that the acquisition is final, today we embark on a new journey with SUSE. SUSE is a global leader in true open source innovation, collaborating with partners, communities and customers to deliver and support robust open source software solutions. I couldn't be more excited about our future and what this means for our customers around the world. Rancher's core software draws on the Kubernetes container management software that Google released under an open-source license in 2014. Today, SUSE embarks on a new chapter in our incredible 28-year journey. Suse announced it has closed the acquisition of Rancher Labs. Just as Rancher made computing everywhere a possibility for our customers, with SUSE, we will empower our customers to innovate … Two people familiar with the deal said SUSE is paying $600 million to $700 million. SUSE is the rare major open-source company that doesn't operate its own cloud infrastructure, Liang said, contrasting it with IBM's Red Hat, for example. In addition, any forward-looking statements included herein represent views as of the date of this press release and these views could change. SUSE’s acquisition of Rancher Labs places the Germany-based open-source software program firm in a a lot stronger place to supply versatile, edge-based providers to its clients, based on an analyst at IDC. 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 … SUSE’s market leading Linux, Kubernetes, container and cloud offerings enable customers to innovate everywhere – from the data center, to the cloud, to the edge and beyond. 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. In particular, some companies that compete with Amazon in retail and other areas, such as Walmart, are reluctant to use Amazon's market-leading cloud. We want to hear from you. “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. LONDON and CUPERTINO, Calif., Dec. 1, 2020 /PRNewswire/ -- SUSE, a global leader in true open source innovation, today announced it has closed the acquisition of Rancher … Amazon, Microsoft and other cloud providers came out with services that developers can use to place code in containers, and in 2017 SUSE introduced its own service for managing containers. With our powerful and modular approach to open source software, our customers can count on reliability and unmatched agility to innovate everywhere – from the data center, to the cloud, to the edge and beyond.”, Innovate Everywhere through the Power of Many. 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. 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 to Acquire Rancher Labs, Creating World’s Largest Organization Exclusively Dedicated to Powering Digital Transformation With Open Source and Cloud Native Solutions. SUSE’s $600 million (USD) acquisition of Rancher Labs means that the Kubernetes market is heading towards a major decision-point between freedom of choice and solutions tied to an enterprise Linux distribution and its agenda. SUSE, a major Linux and cloud company, finalized its acquisition of Rancher Labs earlier this year.. Rancher, formerly a privately held open-source company, had over 37,000 active users and 100-million downloads of its flagship Kubernetes management program, Rancher. Cloud ACV (annual contract value) bookings continued to thrive with 87% growth, achieving 15 consecutive quarters of year over year cloud ACV increase. 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. Rancher's customers include American Express, Comcast, Deutsche Bahn and Viasat. These forward-looking statements are subject to change and should not be relied upon as representing the Company’s views as of any date other than the date of this press release. SUSE has announced that it has closed the acquisition of Rancher Labs. “Our customers have made it clear they want powerful technology that is both leading-edge and reliable to accelerate business transformation,” said SUSE CEO Melissa Di Donato. SUSE and Rancher, in collaboration with a broad open source community, bring the best of innovation and stability for the enterprise. "The Rancher acquisition allows SUSE to support containerized workloads more effectively across on-premises, public cloud and edge environments based on OSS," said Arun Chandrasekaran, a Gartner analyst. They added that the combined company will bring 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. “We have historically delivered innovative solutions that anticipate what enterprises need, and today with Rancher, we are set to make history again. 1-800-796-3700, recently announced a successful fourth quarter, SUSE Linux Enterprise Server for IBM Z and LinuxONE, SUSE Linux Enterprise Server for SAP Applications, SUSE Linux Enterprise Server for High Availability Extension, SUSE Linux Enterprise for High Availability Geo Clustering, SUSE Linux Enterprise High Performance Computing. 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. SUSE and Rancher’s mutual customers and partners agree. SUSE, a major Linux and cloud company, has announced it will acquire Rancher Labs. Yesterday’s exciting news about SUSE acquiring Rancher Federal and Rancher Labs isn’t any different. SUSE's acquisition of the open source Kubernetes startup Rancher Labs closed earlier this month, and the German company that's behind the SUSE Linux distribution might be the hybrid cloud company to watch in 2021. People have downloaded it over 100 million times, the company said in March, and it claimed annualized revenue growth of 169% in 2019 without specifying a dollar amount. Acquiring the Kubernetes container management software that Google released under an open-source in. Open than others suse acquiring Rancher Federal and Rancher Labs acquisition of Rancher will undoubtedly comparisons. And Viasat CNBC delivered to your inbox, and more info about our products and services Kubernetes and... Rancher ’ s own container platform `` lots of Zoom calls, '' Parikh said $ 700.... 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