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.
The acquisition of Rancher is the first step in SUSE’s inorganic growth strategy since its acquisition by EQT VIII SCSp from MicroFocus in March 2019. The transaction is subject to customary closing conditions, including receipt of regulatory approvals, and expected to complete in the fourth quarter of 2020.
Milbank previously advised EQT on the acquisition of SUSE from MicroFocus.
A Milbank team led by Deborah Conrad and Steffen Oppenlaender advised SUSE on the acquisition.
Advisor to SUSE: Milbank LLP
Deborah Conrad (Corporate/M&A, Los Angeles); Steffen Oppenlaender (Corporate/M&A, Munich – co-lead); Gary Frischling (IP, Los Angeles); Joel Harrison (IP, London); Mike Shah (Executive Compensation & Employee Benefits, New York); Alexander Rinne (Antitrust, Munich); Fiona Schaeffer (Antitrust, New York); Max Goodman (Tax, Los Angeles); Nathaniel Browand (IP, New York); Natalie Chitayat (Corporate/M&A, Los Angeles), Anna Hunanyan (Corporate/M&A, Los Angeles); Fritz Schuchmann (Corporate/M&A, Munich); Daniel Roggenkemper (Corporate/M&A, Munich); James Beebe (Executive Compensation & Employee Benefits, New York); Jon Sorger (Executive Compensation & Employee Benefits, New York); Andrew Wellin (Antitrust, New York); Alexander Zyrewitz (Antitrust, Munich).
SUSE inhouse:
Felix Imendoerffer (General Counsel), Matthew Hall (Senior Corporate Counsel)
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