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August 27, 2015 6:16 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 sells its solutions directly to various industries. Rimini Street, Inc. was founded in 2005 and is headquartered in Las Vegas, Nevada.

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, Chairman and Chief Executive Officer
Age: 48
President
Age: 50
Chief Financial Officer and Senior Vice President
Age: 64
Vice President of Global Strategy, Planning & Operations
Chief Information Officer, Senior Vice President, Secretary and Director
Age: 49
Compensation as of Fiscal Year 2015.

Rimini Street, Inc. Key Developments

Rimini Street, Inc. Expands Las Vegas Worldwide Headquarters and Workforce

Rimini Street, Inc. announced the opening of its next phase (Phase II) expansion of the company’s worldwide headquarters in Las Vegas, and the posting of 60 new jobs to staff this expansion located in the Hughes Center. The new staff positions include roles in finance, IT, legal, marketing, facilities, administration and software engineering, and will support Rimini Street’s rapid global growth. The company will commemorate the expansion with a gala ribbon-cutting ceremony and cocktail party tonight.

Court Increases Damages Oracle Can Claim against Rimini Street for Copyright Violation

Oracle Corp. (ORCL) announced that federal court recently ruled that the company may expand the damages it seeks from Defendants Rimini Street and it's founder and CEO Seth Ravin in a lawsuit against them for copyright infringement and related claims set for trial on September 14 in Las Vegas. The court ruled that Oracle may seek damages, attributable to the nearly two and a half years of continued litigation between the parties during which Rimini allegedly continued to engage in copyright infringement. The court ruling will significantly increase its claimed damages beyond the more than $209 million it already sought.

Rimini Street Delivers Comprehensive Set of 2015 Global Tax, Legal and Regulatory Updates for North America, Europe, Latin America and Asia-Pacific

Rimini Street, Inc. announced delivery of the next set of 2015 tax, legal and regulatory updates. The updates include the 2015-C update for PeopleSoft clients, which were delivered ahead of the vendor’s own scheduled delivery date for similar updates, as well as updates for Oracle E-Business Suite and SAP releases. The updates provide clients with significant new tax, legal and regulatory changes required for the United States, Canada, Argentina, Australia, France, Israel, Mexico and the United Kingdom. Rimini Street offers clients accurate deliverables with the industry’s fast “legislature-to-live”SM update delivery cycle through an innovative combination of a patent-pending tax, legal and regulatory update process, as well as proven methodologies and ISO 9001-certified development processes. Updates for the United States and Canada: In the United States and Canada, Rimini Street updates included tax, legal and regulatory changes required by various state, local and provincial agencies. For clients in the United States, Rimini Street delivered numerous tax updates at the state and local government levels. At the state government level, updates included changes to the Employer Medical Assistance Contribution in Massachusetts; a minimum wage increase in Minnesota; and an additional state tax withholding for non-resident aliens in North Carolina. Rimini Street also delivered updates for quarterly wage reporting for several states, including Colorado, Maine and Massachusetts, as well as for the District of Columbia. At the local government level, Rimini Street provided local tax changes for dozens of municipalities in California, Kentucky, New York, Ohio and Pennsylvania. For clients in Canada, Rimini Street delivered several tax table updates for British Columbia, New Brunswick, Newfoundland and the Yukon Territory. Updates for Countries in Europe, Latin America and Asia-Pacific: With tax, legal and regulatory delivery capabilities for nearly 200 countries, Rimini Street recently provided many required updates to its global clients, including those in Argentina, Australia, France, Israel, Mexico and the United Kingdom. For example, in Argentina, Rimini Street updates contained changes to electronic purchase and sales reporting. In Australia, delivery included Start of Year changes affecting payroll, as well as updates related to the new Australian SuperStream standard, including superannuation processing and the Tax File Number (TFN) Declaration update as required by the Australian Taxation Office. For updates in France, Rimini Street delivered changes to computerized accounting for the new required FEC audit file. In Israel, updates included the annual withholding tax report (856) changes. Updates in Mexico included electronic payroll receipt changes as well as support for Federal daily minimum wage changes and enhancements related to electronic accounting requirements by the Mexican Tax Administration Service (SAT). Updates in the United Kingdom contained rate changes to beneficial loans, as well as updates to the P11D(b) form needed by employers to report end-of-year expenses and benefits for employees.

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