SUSE Completes Acquisition of Rancher Labs; Increase the Innovation Capacity of Companies Everywhere

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SUSE

SUSE , a global leader in truly open source innovation, announces that it has completed the acquisition of Rancher Labs , a market leader in Kubernetes management. The combined company brings together a best-in-class Linux operating system, a market-leading Kubernetes management platform, and a number of pioneering capabilities that will give enterprises the power to innovate everywhere.

“Our customers have made it clear that they want powerful technology that is innovative and reliable to accelerate business transformation,” said Melissa Di Donato , CEO of SUSE. “Historically, we have delivered innovative solutions that provide what companies need, and today with Rancher we must make history again. With our powerful and modular approach to open source software, our customers can count on the unparalleled reliability and agility to innovate everywhere – from the dice center to the cloud to the edge and beyond. ”

Innovate Everywhere with the Power of Many

SUSE and Rancher, in collaboration with a broad open source community, bring the best of innovation and stability to enterprises.

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Backed by a strong 28-year track record and dedication to open source innovation, SUSE empowers mission-critical applications and systems and is embedded in many devices, such as automobiles and medical devices, around the world. Rancher was recently named in the Forrester New Wave ™ report: Multicloud Container Management Platforms and offers open source software that enables organizations to deploy and manage Kubernetes at scale, on any infrastructure in data center, cloud, branch offices and the edge. of the network.

Rancher’s equal commitment to the open source community is supported by its support for multiple Kubernetes distributions and operating systems. Without vendor lock-in or limits on where computing occurs, companies can consistently innovate their businesses, from edge to hub to the cloud. Together, the two companies will develop solutions that address today’s complexity for corporations with a focus on new innovations in edge computing.

“I knew SUSE was the right company for us because of our shared ethics, point of view and open source philosophy driving value to business leaders,” says Sheng Liang , former CEO of Rancher and, as of today, new president of Engineering and Innovation at SUSE. “Together, we are committed to making a significant impact on corporate businesses around the world, supporting each and every customer as they navigate cloud solutions and modernize infrastructure in a way that makes sense for their workflows.”

Returning “Open” to “Open Source”

A shared commitment to the true spirit of open source and community is what united these two independent companies and what will differentiate SUSE as IT leaders around the world evaluate options for business transformation.

SUSE and Rancher customers and partners agree.

“Some open-source companies are more open than others. In my experience, SUSE and Rancher are good examples and are willing to work to implement and manage technology solutions that are truly designed to serve the needs of our business, and this is incredibly groundbreaking, ”says Frank Strecker , SVP of Managed Cloud Services Public and Big Data at T-Systems

“We need to innovate in the data center and the cloud, and to be agile, we cannot compromise with just a heavy, vertical stack. Only SUSE and Rancher deliver a truly open approach to open source software that can react to the ever-evolving digital needs of British citizens in a fast and consistent manner, ”says Jason Daniels, CTO of the Law and Law Portfolio at Fujitsu.

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Di Donato highlights these points. “Only SUSE and Rancher will provide the vision and expertise to move the future of business. Our independent approach gives clients the agility to meet today’s workflow challenges and the freedom to evolve their IT strategy and solutions in the future.

Most recently, SUSE announced a successful fourth quarter that saw continued global growth. Cloud ACV (Annual Contract Value) bookings continued to thrive, growing 87%, achieving 15 consecutive quarters year-over-year of cloud ACV growth. SUSE also had a 21% year-over-year increase in customer business to the value of more than $ 1 million.