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Stock Market & Financial Investment News

News Breaks
February 3, 2014
08:07 EDTRITTRiT Technologies receives first order for its Beamcaster in CHina
RiT Technologies received its first order for its Beamcaster product from a leading software and IT company in Shenzhen, China. The customer placed an initial order to purchase five Beamcaster systems, which will be deployed on-premises at a beta site facility.
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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