SUSE, an independent open source company, has entered into a definitive agreement to acquire Rancher Labs. Based in Cupertino, Calif., Rancher is a privately held open source company, providing a Kubernetes Management platform.
As IT leaders increasingly seek to leverage the cloud to innovate and drive digital transformation, Kubernetes has rapidly emerged as a core pillar of IT strategy.
SUSE, a player in Enterprise Linux, Edge Computing and AI, and Rancher, a supplier of Kubernetes Container Management, will deliver computing everywhere with the latest AI and seamless deployment of containerized workloads from the edge to the core to the cloud.
Following regulatory approvals and the acquisition’s close, customers of both companies will benefit from a broader portfolio as well as from the vastly increased global presence and innovation power. SUSE customers will benefit from the capabilities of Rancher’s industry leading cloud native technologies. Rancher’s customers will on the other hand gain access to SUSE’s global support network and broad open source portfolio.
This combination is also a huge win for SUSE’s global partner ecosystem, who will now be able to provide an even broader range of solutions to their customers with Rancher’s solutions.
The deal is expected to close before the end of October 2020, subject to customary closing conditions including receipt of regulatory approvals.