Linux distribution company SUSE acquires Rancher Labs, which develops Kubernetes container management software, sources say for $600M-$700M
- SUSE, a Linux distribution company controlled by private equity firm EQT, has agreed to acquire Rancher Labs, a start-up with technology …
CNBC
Jordan Novet
Discussion
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@tonicskies
@tonicskies
on x
Wow, multiple of at least ~20x LTM rev. Company was growing revs ~170% y/y. Market is alive and well for DevOps companies https://twitter.com/...
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@jordannovet
Jordan Novet
on x
notable exit in container world: SUSE is buying Rancher, we hear for $600 million to $700 million https://www.cnbc.com/...