Home Opinions & Editorials Industry News SUSE acquired Rancher Labs, Kubernetes Management Platform

SUSE acquired Rancher Labs, Kubernetes Management Platform

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SUSE, the world’s largest independent open source company, has signed a definitive agreement to acquire Rancher Labs. Rancher is a private open-source company that provides the leading Kubernetes management platform in the market.

The two companies did not disclose the cost of the acquisition, but Rancher is well-funded, with a total investment of $95 million. It is worth noting that only a few months have gone by since the company announced a $ 40 million Series-D round funding led by Telstra Ventures. Other investors include Mayfield and Nexus Venture Partners, GRC Synchroin, and F&G Ventures.

“This is an incredible moment for our industry, as two open source leaders are joining forces. 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 Melissa Di Donato, SUSE CEO. “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.”

Unleashing Cloud-Native Futures for Customers and Partners

As IT leaders increasingly seek to use the cloud to innovate and drive digital transformation, Kubernetes has quickly emerged as a critical pillar of IT strategy. Gartner predicts that container management usage will increase to more than 75% of large enterprises by 2024 (less than 35% by 2020).

Like other similar organizations, Rancher’s primary/initial focus was first on the Docker infrastructure prior to the emphasis on Kubernetes, which has now became the real standard for container orchestration. Surprisingly, Suse is now buying this company. After many ups and downs – and various ownership changes – Suse has now found its foothold again, and today’s acquisition shows that it is aiming to capitalize on its current strengths.

“Rancher and SUSE will help organizations control their cloud-native futures,” said Sheng Liang, Rancher CEO. “Our leading Kubernetes platform with SUSE’s broad open-source software solutions creates a powerful combination, enabling IT and Operations leaders worldwide to best meet the needs of their customers wherever they are on their digital transformation journey from the data center to cloud to edge.”

“This is an incredible moment for our industry, as two open source leaders are joining forces. 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. “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.”

About SUSE

SUSE, the world’s largest independent open source company offering unparalleled customer choice, provides digital transformation for the company by simplifying, modernizing, and accelerating traditional, cloud, and edge solutions. SUSE collaborates with partners, communities, and customers to deliver and support work-critical business outcomes implementation solutions. 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.

About Rancher Labs

Rancher Labs provides open-source software that enables companies to scale and manage Kubernetes in any infrastructure, data center, cloud, branch offices, and network edge. With over 37,000 active users and over 100 million downloads, Rancher’s primary product is a leading Kubernetes management platform. For more information.

Sources:

https://techcrunch.com/2020/07/08/suse-acquires-kubernetes-management-platform-rancher-labs/

https://www.prnewswire.com/news-releases/suse-to-acquire-rancher-labs-becoming-a-market-leader-in-enterprise-kubernetes-management-301089693.html

Akarshan Narang
Akarshan Narang
Covering the world of Cloud at CMI.

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