Rimini Street Inc (RMNI) Sector
Consumer Discretionary

(Current) $2.11
-0.03 (-1.4%) Open Price: 2.11

Rimini Street Inc is a global provider of enterprise software support services, specializing in third-party maintenance and support for Oracle and SAP software products. The company was founded in 2005 by Seth Ravin, with the vision of providing a more cost-effective and flexible alternative to traditional software vendor maintenance services.

Rimini Street's business model is based on delivering premium-level support for clients' enterprise software at a significantly lower cost than the support fees charged by the original software vendors. By offering independent, vendor-agnostic support, Rimini Street helps its clients optimize their IT budgets and allocate resources to other critical areas of their businesses.

The company's comprehensive support services cover a wide range of enterprise software products, including databases, applications, and middleware. Rimini Street's experienced team of engineers and support specialists is well-versed in various software environments, ensuring that clients receive expert assistance tailored to their specific needs.

Headquartered in Las Vegas, Nevada, Rimini Street operates globally, serving a diverse customer base across different industries. The company has established regional offices and support centers in various countries to provide localized support and meet the unique requirements of its international clientele. Rimini Street is a publicly traded company listed on the Nasdaq Stock Market under the ticker symbol "RMNI."

Rimini Street's customer-centric approach and commitment to delivering exceptional support have earned the company numerous industry accolades and recognition. Many organizations appreciate the cost savings and flexibility that Rimini Street's services offer, making it an attractive option for businesses looking to optimize their IT spending while maintaining reliable and responsive support for their critical enterprise systems.

(12/02/24) $2.11
(12/03/24) $2.14
(12/03/24) (Qty.)256,952
(12/02/24) $2.08
(12/02/24) $2.17
(11/17/24) $1.84
(11/24/24) $2.31
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