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Re:SUSE to Acquire Rancher Labs by techntoke on Wednesday July 08, 2020 @06:21PM (#23774838)
They recently when through a Series D round for $75 million, but yet you believe they have half a billion in the bank? They were on their last leg begging for seed money to keep them afloat.
Re:SUSE to Acquire Rancher Labs by caiobegotti on Wednesday July 08, 2020 @06:56PM (#23775148)
That's a lower estimate of the acquisition based on the info about this deal linked elsewhere in the thread and on the net.
Re:SUSE to Acquire Rancher Labs by techntoke on Thursday July 09, 2020 @12:08AM (#23776858)
Did they publicly announce the finances? They wouldn't have sold to SUSE unless their investors were getting desperate for some return.