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Stock Market & Financial Investment News

News Breaks
January 21, 2014
07:10 EDTRITTRiT Technologies promotes Motti Hania to CEO
RiT Technologies announced that its Board of Directors has promoted Motti Hania to President and CEO, effective immediately. Current President and CEO, Vadim Leiderman, has resigned to pursue other opportunities. Leiderman is expected to continue to serve in a non-executive, advisory role to assist with the transition through mid May 2014.
News For RITT From The Last 14 Days
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January 26, 2015
09:14 EDTRITTRiT Technologies and Wipro sign cooperation agreement
RiT Technologies (RITT) announced that it has signed an MOU with Wipro (WIT). Under the agreement, the parties will cooperate in identifying relevant projects in India and customizing their integrated solutions for projects, to maximize their business in India. The cooperation between RiT and Wipro seeks to address challenges faced by IT departments in dynamic, complex and geographically distributed environments, along with the rising demand for bandwidth, storage and computing power with limited space and resources. RiT is forming this partnership as a result of the growing demand in India for innovative IT solutions. IT spending in India is projected to reach a total of $73.3 billion in 2015, a 9.4 percent increase from the $67.1 billion forecast for 2014, according to Gartner.

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