Suse to buy Rancher Labs, in a Deal Reported to Be Worth $600m


German open source software firm SUSE has agreed to buy Kubernetes management platform provider Rancher Labs for a reported $600 million, the two revealed today, in an unexpected swoop on the Bay Area-based firm, which was founded in 2014.

“This combination is… a huge win for SUSE’s global partner ecosystem”, SUSE said, pledging to continue supporting multiple K8s distributions and operating systems.

SUSE — which was sold by Micro Focus for $2.5 billion to a subsidiary of private equity fund EQT in a deal that closed in 2019 — described the acquisition

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