Suse acquires NeuVector to bolster Kubernetes security Posted on : Nov 01 - 2021

Enterprise-grade open source infrastructure software provider Suse has acquired NeuVector, a container security platform that helps companies secure their apps on any infrastructure.

The company’s new deal constitutes both cash and stock, bringing its total valuation to $130 million.

The news comes as companies across the spectrum turn to the cloud as part of their broader digital transformation programs, with open source technologies such as Kubernetes pivotal to their efforts. Kubernetes — which emerged from Google’s vaults back in 2014 — is an open source orchestration platform that automates the laborious manual processes involved in managing containerized applications. Containers are software packages that “contain” all the components needed to run companies’ applications in any environment — across public clouds or private datacenters.

However, security remains a core concern for companies transitioning to the cloud, which is where Suse’s latest acquisition comes into play.

Going open source

Founded in 1992, Suse is better known as a company that creates and sells Linux-based products and services (e.g., Suse Linux Enterprise Server) and big-name businesses such as HSBC, Intel, and Merck. But last December, Suse made its first-ever acquisition when it snapped up Kubernetes management platform Rancher Labs, putting Suse in a stronger position to compete with Red Hat in the $21.7 billion open source services market. View More