A team of Pillsbury lawyers represented long-time client Rancher Labs in its acquisition agreement with SUSE, the world’s largest independent open source company. Based in Cupertino, Calif., Rancher is a privately held open source company, providing a market leading 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. Gartner predicts that growing adoption of cloud-native applications and infrastructure will increase use of container management to over 75 percent of large enterprises in mature economies by 2024 (up from less than 35 percent in 2020).
SUSE, a leader in Enterprise Linux, Edge Computing and AI, and Rancher, a leader in 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.
“Rancher and SUSE will help organizations control their cloud native futures,” said Sheng Liang, Rancher CEO. “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.”
The Pillsbury team was led by Corporate partner Allison Leopold Tilley in Silicon Valley and included Alex Tinucci, Julian Zou, Andrew Clark and Margaret Beale-Wirsing on the corporate side, Cindy Schlaefer and Kevin Meil for benefits, George Willman and Clinton Jang for intellectual property, C. Brian Wainwright for tax, and regulatory lawyers Nancy Fischer, Matt Rabinowitz, Mike Sibarium and Evan Storm.