Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


August 03, 2015 5:27 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, Chairman and Chief Executive Officer
Age: 48
President
Age: 50
Vice President of Finance
Chief Information Officer, Senior Vice President, Secretary and Director
Age: 49
Senior Vice President, General Counsel and Assistant Secretary
Age: 56
Compensation as of Fiscal Year 2015.

Rimini Street, Inc. Key Developments

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.

Federal Court Dismisses Rimini Street's Defense Claim

Oracle Corp. announced that on July 9, 2015, a federal court dismissed Rimini Street and Seth Ravin's claim that Oracle engaged in copyright misuse through its software licenses. In this lawsuit-the second of two cases between Oracle and Rimini-Oracle alleges that Rimini infringed Oracle's copyrights in the latest chapter in the long saga of Rimini's 'infringement,' masterminded by its CEO Seth Ravin. The Court dismissed Rimini's defense of copyright misuse, in which Rimini alleged that Oracle is using its software licenses to unlawfully leverage a monopoly in the support services market. As the Court did in the first case between Oracle and Rimini Street, the Court held that Rimini Street fails to allege any conduct that could constitute copyright misuse. Additionally, the Court rejected Rimini's attempt to exclude Oracle's damages expert from testifying at trial in the first of the two cases between the companies. In that case, Oracle is suing Rimini for $209 million in lost profits. Trial begins September 14, 2015.

Similar Private Companies By Industry

Company Name Region
Washington Consulting, Inc. United States
Firejack, Inc. United States
MoCo IT, Inc. United States
Online Convergence Corp. United States
CrossCom National, LLC United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Rimini Street, Inc., please visit www.riministreet.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.