Silicon Labs Partners with Rimini Street to Build a Future-Ready SAP Strategy

(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, managed services and Agentic AI ERP innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced Silicon Labs has selected Rimini Street as its strategic partner to maximize the value of its SAP ECC 6.0 investment. This collaboration provides the U.S.-based semiconductor manufacturer with long-term SAP maintenance and professional services to accelerate modernization without costly upgrades or business disruption.

Partnership Reduces Technical Debt and Accelerates Modernization

Silicon Labs first engaged Rimini Street’s professional services team, Rimini Consult™, to develop a strategic ERP roadmap leading to a multi-system project to align 12 SAP environments with modern operating system and database standards. The project reduced Silicon Labs’ technical debt by improving platform stability, strengthening its security and compliance posture and delivering faster, real-time reporting capabilities to support informed executive decision-making.

“Rimini Street not only delivered outstanding results for our SAP project, but we were also able to go live ahead of schedule, working side by side with our team to ensure success from start to finish,” said Radhika Chennakeshavula, CIO and vice president of Silicon Labs. “Our current SAP ECC investment continues to provide value across our operations. As part of our innovation strategy, we are accelerating new capabilities built on and around our SAP core, modernizing where needed without the cost, risk and disruption of an unwanted move to RISE with SAP. I prefer to make impactful investments of our people, time and money to harness the full power of the latest AI technology rather than a low-ROI platform upgrade.”

Outstanding Results Lead to Expanded Partnership

The success of the professional services engagement with Rimini Street became the catalyst for a five-year Rimini Support™ for SAP agreement generating an immediate savings of 50% on annual support costs, along with additional solutions such as Rimini Watch™, Rimini Street’s change management alternative to SAP Solution Manager, allowing Silicon Labs to move quickly in its growth strategy.

“Rimini Street is more than a service provider. They are now a trusted, long-term partner that respects our strategic direction, aligns with our vision and delivers real value,” said Chennakeshavula. “Rimini Street frees up critical resources, fast-tracks innovation and provides expert support across our global operations, giving us the flexibility to modernize on our own terms and timeline.” With deep confidence in Rimini Street’s ERP expertise and capabilities, Silicon Labs is expanding its partnership to include new Agentic AI ERP innovations.

“We are proud to serve as a strategic partner to leading manufacturers such as Silicon Labs, helping to build a stronger, more secure operation that is agile in its ability to adopt the latest technology without lengthy migrations or replatforming,” said Jeff Chenevey, Rimini Street’s VP of manufacturing industry solutions. “Rimini Street’s end-to-end approach means we look after the full scope of needs for our clients, expertly managing today’s needs while accelerating tomorrow’s capabilities.”

Learn how Rimini Street’s comprehensive support, optimization and innovation solutions helps manufacturers gain a competitive edge here.

About Rimini Street, Inc.

Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is a proven, trusted global provider of end-to-end, mission-critical enterprise software support, managed services and innovative Agentic AI ERP solutions, and is the leading third-party support provider for Oracle, SAP and VMware software. The Company has signed thousands of IT service contracts with Fortune Global 100, Fortune 500, midmarket, public sector and government organizations who have leveraged the Rimini Smart Path™ methodology to achieve better operational outcomes, billions of US dollars in savings and fund AI and other innovation.

To learn more, please visit www.riministreet.com, and connect with Rimini Street on X, Facebook, Instagram, and LinkedIn.

Forward-Looking Statements

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These risks and uncertainties include, but are not limited to, litigation, agreements and Court orders involving Oracle, the wind down of support services for Oracle’s PeopleSoft software products and the impact on future period revenue and costs incurred related to these efforts; changes in the business environment in which Rimini Street operates, including the impact of macro-economic trends, geopolitical tensions and changes in foreign exchange rates, as well as general financial, economic, regulatory and political conditions affecting the industry in which we operate and the industries in which our clients operate; the evolution of the enterprise software management and support landscape and our ability to attract and retain clients and further penetrate our client base; significant competition in the software support services industry and our intentions with respect to our pricing model; customer adoption of our expanded portfolio of products and services and products and services we expect to introduce; our expectations regarding new product offerings, partnerships and alliance programs, including but not limited to our partnership with ServiceNow and our Agentic AI ERP innovation solutions; our ability to grow our revenue and accurately forecast revenue, along with the results of any efforts to manage costs to align with revenue expectations and expansion of our offerings; the expected impact of reductions in our workforce during the last and current fiscal year and associated reorganization costs; estimates of our total addressable market and expectations of client savings relative to use of other providers; variability of timing in our sales cycle; risks relating to retention rates, including our ability to accurately predict retention rates; the loss of one or more members of our management team; our ability to attract and retain additional qualified personnel; our business plan and ability to grow in the future and our ability to achieve and maintain profitability; the volatility of our stock price; our need and ability to raise equity or debt financing on favorable terms and our ability to generate cash flows from operations to help fund increased investment in our growth initiatives; risks associated with global operations; our ability to prevent unauthorized access to our information technology systems and other cybersecurity threats; any deficiencies associated with artificial intelligence (AI) technologies used by us or by our third-party vendors and service providers or incorporated by us into our service offerings and/or our Agentic AI ERP innovation solutions; our ability to protect the confidential information of our employees and clients and to comply with privacy regulations; our ability to maintain an effective system of internal control over financial reporting; our ability to maintain, protect and enhance our brand and intellectual property; changes in laws and regulations, including changes in tax laws or unfavorable outcomes of tax positions we take; tariff costs, including tariff relief or the ability to mitigate tariffs, in light of new or increased tariffs imposed by the United States government and the potential for retaliatory trade measures by affected countries; a failure by us to establish adequate tax reserves; adverse developments in and costs associated with defending pending litigation or any new litigation; our ability to realize benefits from our net operating losses; any negative impact of environmental, social and governance matters on our reputation or business and the exposure of our business to additional costs or risks from our reporting on such matters; our ability to maintain our good standing with the United States government and international governments, capture new contracts with governmental entities and maintain our status as an approved United States government contractor; our credit facility’s ongoing debt service obligations and financial and operational covenants on our business and related interest rate risk; the sufficiency of our cash and cash equivalents to meet our liquidity requirements; the amount and timing of repurchases, if any, under our stock repurchase program and our ability to enhance stockholder value through such program; uncertainty as to the long-term value of Rimini Street’s equity securities; catastrophic events that disrupt our business or that of our clients; and those discussed under the heading “Risk Factors” in Rimini Street’s Quarterly Report on Form 10-Q filed on October 30, 2025, and as updated from time to time by Rimini Street’s future Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings by Rimini Street with the U.S. Securities and Exchange Commission. In addition, forward-looking statements provide Rimini Street’s expectations, plans or forecasts of future events and views as of the date of this communication. Rimini Street anticipates that subsequent events and developments will cause Rimini Street’s assessments to change. However, while Rimini Street may elect to update these forward-looking statements at some point in the future, Rimini Street specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing Rimini Street’s assessments as of any date subsequent to the date of this communication.

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