This transaction will lead to the combination of Rancher’s strength in Containers with SUSE’s expertise in developing Enterprise Linux, Edge Computing, and AI solutions.
“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, CEO of SUSE.
“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.”
Rancher’s computing architecture supports Cloud Native Computing Foundation-certified Kubernetes distribution including Google GKE, Amazon EKS, and Microsoft AKS, as well as projects like Gardener. SUSE further stated that future versions of its Containers-as-a-Service (CaaS) platform will be based on the innovative capabilities provided by Rancher.
“Rancher and SUSE will help organizations control their cloud native futures. 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,” said Sheng Liang, CEO of Rancher.
“The acquisition is great for Rancher customers and partners. At Rancher we take pride in our industry-leading customer satisfaction with an NPS score of over 80. SUSE’s global reach and enterprise focus will further strengthen our commitment to customers who rely on Rancher to power mission-critical workloads. Likewise, SUSE’s strong ecosystem will greatly accelerate Rancher’s on-going efforts to transform how organizations adopt cloud native technology.”
This acquisition deal is expected to close in October 2020, subject to customary closing conditions including receipt of regulatory approvals.