Silicon Labs Collaborates with Rimini Street to Develop a Forward-Thinking SAP Strategy
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 18 2025
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Source: Newsfilter
Partnership Announcement: Rimini Street has been selected by Silicon Labs as a strategic partner to enhance the value of its SAP ECC 6.0 investment, providing long-term maintenance and professional services to facilitate modernization without costly upgrades.
Technical Debt Reduction: The collaboration has led to a multi-system project that aligns 12 SAP environments with modern standards, improving platform stability, security, and real-time reporting capabilities, thereby reducing Silicon Labs' technical debt.
Cost Savings and Expanded Partnership: The successful initial engagement resulted in a five-year Rimini Support agreement, yielding a 50% reduction in annual support costs and enabling Silicon Labs to accelerate its growth strategy with additional solutions.
Focus on Innovation: Silicon Labs is leveraging Rimini Street's expertise to modernize its operations on its own terms, prioritizing impactful investments in AI technology over traditional platform upgrades, thus enhancing its competitive edge.
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Analyst Views on RMNI
Wall Street analysts forecast RMNI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RMNI is 5.83 USD with a low forecast of 5.00 USD and a high forecast of 6.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 3.540
Low
5.00
Averages
5.83
High
6.50
Current: 3.540
Low
5.00
Averages
5.83
High
6.50
About RMNI
Rimini Street, Inc. is a global provider of enterprise software support products and services. The Company's subscription and fee-based software services offer enterprise software licensees a choice of solutions that replace or supplement the support products and services offered by enterprise software vendors. Its products and services seek to enable its clients to keep their systems operating and to remain in tax, legal and regulatory compliance; improve productivity; and allocate limited budgets, labor, and other resources to investments. Its software support products and service offerings cover a range of enterprise software vendors, product families and product lines. Its supported vendor or product category includes SAP Applications, SAP Databases, Oracle Applications, Oracle Technology, Oracle Databases, Microsoft Databases, IBM Databases, Open-Source Databases, Salesforce, and Other Software. The Company also offers a special support service, Rimini Street Extra Secure Support.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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