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. Rancher CEO Sheng Liang said: “After the acquisition closes later this year, I will lead the combined engineering and innovation organization at SUSE. "That kind of gives you an idea of how efficient we've really been. SUSE has decided to buy Kubernetes-wrangler Rancher Labs. The acquisition will enable SUSE to … Our independent approach gives customers the agility to tackle workflow challenges today, and the freedom to evolve their IT strategy and solutions tomorrow.”. 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 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. In addition, any forward-looking statements included herein represent views as of the date of this press release and these views could change. 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 … That deal has now closed for acquiring the Kubernetes focused cloud company. Copyright 2020 SUSE LLC. There were "lots of Zoom calls," Parikh said. 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. Rancher's core software draws on the Kubernetes container management software that Google released under an open-source license in 2014. Data is a real-time snapshot *Data is delayed at least 15 minutes. 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: 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. 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. “Only SUSE and Rancher will provide the vision and expertise to power the future of the enterprise. SUSE, a global leader in true open-source innovation, has closed the acquisition of Rancher Labs, the market leader in Kubernetes management. 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. Di Donato underscores these points. 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. The financial terms of the deal, announced in July, were not disclosed, but SUSE reportedly paid $600 million to $700 million to buy Rancher. SUSE and Rancher, in collaboration with a broad open source community, bring the best of innovation and stability for the enterprise. 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 most recently announced a successful fourth quarter which saw continued global growth. The acquisition of Rancher is the first step in what SUSE calls its "inorganic … Yesterday’s exciting news about SUSE acquiring Rancher Federal and Rancher Labs isn’t any different. 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. “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. SUSE is about a year older than Red Hat. Today, SUSE embarks on a new chapter in our incredible 28-year journey. Last year, former Salesforce and SAP executive Melissa Di Donato replaced Nils Brauckmann as SUSE's CEO. Rancher’s equal commitment to the open source community is backed by its support for multiple Kubernetes distributions and operating systems. 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