December 26, 2014 1:14 PM ET

IT Services

Company Overview of Rimini Street, Inc.

Company Overview

Rimini Street, Inc. provides enterprise software maintenance and support services worldwide. Its services include issue resolution and software bug fixes; and tax, legal, and regulatory support services, as well as application customization support, performance and interoperability analysis, and a direct hotline. The company also provides Rimini Street Cloud Services, a service to help Oracle and SAP licensees integrate cloud applications into their IT landscape. It sells its solutions directly to various industries. Rimini Street, Inc. was founded in 2005 and is based in Las Vegas, Nevada. It has an additional office in London, United Kingdom. It has street labs facilities in Bengaluru and ...

3993 Howard Hughes Parkway

Suite 780

Las Vegas, NV 89169

United States

Founded in 2005

400 Employees

Phone:

702-839-9671

Fax:

702-973-7491

Key Executives for Rimini Street, Inc.

Founder
Age: 47
President and Chief Operating Officer
Age: 49
Vice President of Finance
Chief Information Officer
Age: 48
Senior Vice President
Age: 55
Compensation as of Fiscal Year 2014.

Rimini Street, Inc. Key Developments

Rimini Street, Inc. Reports Revenue Results for the Third Quarter Ended September 30, 2014

Rimini Street, Inc. reported revenue results for the third quarter ended September 30, 2014. For the quarter, the company reported net revenues of increased 42% year over year to $22.4 million.

Rimini Street Launches Oracle E-Business Suite Support to Include Payroll

Rimini Street, Inc. announced the expansion, immediate availability, and launch of its Oracle E-Business Suite (EBS) Payroll service; and signing of clients in the United States and United Kingdom. This service expansion is driven by demand from Oracle EBS licensees using EBS Payroll in the U.S. and UK and desiring to run their current releases for up to 15 years without required upgrades by leveraging Rimini Street's more responsive, robust and cost-effective support model. Rimini Street's support for Oracle EBS Payroll is offered as an integrated component of Rimini Street's tax, legal and regulatory update service. Through an innovative combination of patent-pending tax, legal and regulatory technology, proven methodology and ISO 9001-certified development processes, Rimini Street's tax, legal and regulatory update service provides the necessary updates for organizations to remain in financial and legal compliance worldwide. Clients in the U.S. and the UK who utilize Rimini Street for support of their Oracle EBS Payroll application will benefit from the same innovative, high-value services, such as 30-minute guaranteed response time from a named Primary Support Engineer (PSE) and support for customizations. In addition, Rimini Street's support for Oracle EBS Payroll will deliver vital compliance and regulatory updates needed by clients.

Court Finds Rimini Street Engaged in 'Massive Theft' of Oracle's Intellectual Property

On August 14, 2014, the U.S. District Court in Las Vegas entered an order granting Oracle's motion for partial summary judgment in its case against Rimini Street, Inc. and its CEO, Seth Ravin. Oracle moved for summary judgment on Rimini's counterclaims for defamation and unfair competition. In those counterclaims, Rimini challenged Oracle's public statements that Rimini had engaged in massive theft of Oracle's intellectual property. The Court dismissed those counterclaims finding that Oracle's statements 'that Rimini had engaged in 'massive theft' of Oracle's intellectual property are true. The Court also found that Rimini Street infringed Oracle's copyrights. August 15, 2014, the Court ruled that Rimini Street also infringed Oracle Database copyrights. The Court found that Rimini Street had downloaded 25 copies of Oracle's Database software and possessed over 200 copies of this software even though Rimini's downloading, possession, and use of this software all was unlicensed.

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