SUSE to Acquire Rancher Labs

#1

Post by flyingyeti » Wed, Jul 08, 2020, 1:17 PM UTC

Re: SUSE to Acquire Rancher Labs

#2

Post by caymanjim » Wed, Jul 08, 2020, 1:21 PM UTC

Another great product acquired by a mediocre behemoth. Here's hoping they can maintain enough independence to continue innovating.

Re: SUSE to Acquire Rancher Labs

#3

Post by leonardteo » Wed, Jul 08, 2020, 1:44 PM UTC

Well congrats to the team for the exit. But I am really hoping that this will continue the great momentum that Rancher has.

I've come to quite enjoy Rancher products. I think the work they are doing is fantastic and lowering the bar for entry into Kubernetes, especially for on-prem/bare metal. Just deployed 4 production RKE clusters on bare metal and also using K3S.

Re: SUSE to Acquire Rancher Labs

#4

Post by Scorpiion » Wed, Jul 08, 2020, 1:59 PM UTC

If anyone else is thinking, how much? I tried to do some research and I found this:

"The companies announced the deal Wednesday but didn’t disclose the terms. Two people familiar with the deal said SUSE is paying $600 million to $700 million."

Source: https://www.cnbc.com/2020/07/08/suse-acquires-rancher-labs.h...

Re: SUSE to Acquire Rancher Labs

#5

Post by techntoke » Wed, Jul 08, 2020, 1:59 PM UTC

Makes a lot of sense to sell now since Rancher doesn't offer a lot of value anymore compared to vanilla Kubernetes and a few Helm charts.

Re: SUSE to Acquire Rancher Labs

#6

Post by maratc » Wed, Jul 08, 2020, 2:00 PM UTC

The real news for me here is that SUSE still exists.

Re: SUSE to Acquire Rancher Labs

#7

Post by techntoke » Wed, Jul 08, 2020, 2:00 PM UTC

Scorpiion wrote: post #4

If anyone else is thinking, how much? I tried to do some research and I found this: "The companies announced the deal Wednesday but didn’t disclose the terms. Two people familiar with the deal said SUSE is paying $600 million to $700 million." Source: https://www.cnbc.com/2020/07/08/suse-acquires-rancher-labs.h...

Just enough to pay off their debt

Re: SUSE to Acquire Rancher Labs

#8

Post by SEJeff » Wed, Jul 08, 2020, 2:02 PM UTC

maratc wrote: post #6

The real news for me here is that SUSE still exists.

They're still quite popular in Europe and especially in Germany whereas Redhat has utterly dominated North America.

Re: SUSE to Acquire Rancher Labs

#9

Post by mstipetic » Wed, Jul 08, 2020, 2:04 PM UTC

techntoke wrote: post #5

Makes a lot of sense to sell now since Rancher doesn't offer a lot of value anymore compared to vanilla Kubernetes and a few Helm charts.

Rancher only sells support, which includes all things related to Kubernetes, not only their products

Re: SUSE to Acquire Rancher Labs

#10

Post by ciguy » Wed, Jul 08, 2020, 2:04 PM UTC

This is great. I've always felt that Rancher was underappreciated in the DevOps world probably because it's deceptively simple and easy to use and we tend to gravitate to complexity. I know a number of companies that have switched to it after trying to roll their own Kube management unsuccessfully.