The trial court determined the $100 million Rimini paid Oracle after the judgment was insufficient to cover the damage done. In September, the U.S. Supreme Court agreed to hear the case. Rimini Street and its CEO Seth Ravin must comply with all terms of the injunction while that appeal is pending. The court ruled Rimini can provide support only to Oracle’s PeopleSoft, J.D. Edwards, Siebel, and Database software subject to certain court-mandated restrictions. Rimini reported revenue of $212.6 million for the year ended December 31. Rimini's services are promoted as being far less expensive than provided by the vendors. Ravin's LInkedIn profile says Rimini can provide savings of up to 90 percent of the vendor cost. It also provides support for SAP’s Business Suite, the Hana Database, BusinessObjects, and Sybase database, along with the IBM Db2 Database; and the Microsoft SQL Server database.
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ORACLE GETS RIMINI INJUNCTION Featured
Oracle has been granted a permanent injunction against Rimini Street, which provides support for enterprise software. The Federal District Court in Nevada rejected Rimini’s effort to delay the injunction which prohibits Rimini and its CEO Seth Ravin from continuing what a 2015 copy infringement trial found was unlawful infringement.
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