Rimini Street Inc. Reaches Settlement with Oracle, Ending Years-Long Legal Battle

Reuters
2025/07/10
<a href="https://laohu8.com/S/RMNI">Rimini Street</a> Inc. Reaches Settlement with Oracle, Ending Years-Long Legal Battle

Rimini Street Inc. and Oracle Corporation have reached a settlement in their ongoing litigation, with Rimini agreeing to wind down its support services for Oracle's PeopleSoft products. The legal battle, which began with Oracle's lawsuit against Rimini in 2010, included two major cases, Rimini I and Rimini II. The Rimini I case resulted in a permanent injunction in 2018, restricting how Rimini could provide support for certain Oracle products. In Rimini II, after a trial and an appeal, the case was remanded to address Oracle's claims about Rimini's support services. The recent settlement includes a Litigation Standstill, preventing both parties from starting new legal actions related to the cases. A permanent injunction, Rimini III, was issued in April 2025, requiring Rimini to comply with specific legal standards. The settlement marks a significant step towards resolving the long-standing disputes between the two companies.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rimini Street Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001635282-25-000183), on July 09, 2025, and is solely responsible for the information contained therein.

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