UP!

RITT $0.12

RITT target price
0.12
0
0
RiT Technologies Ltd.
Type
Public
Traded as NASDAQ: RITT
Industry Communication technology
Founded 1989 (1989)
Founder Ofer Bengal,
Yehuda and Zohar Zisapel
Headquarters Tel Aviv, Israel
Key people
Yossi Ben-Harosh(President & CEO)
Services Infrastructure management services
Revenue Increase US$11.400 million (2010)
Operating income
Increase US$–3.415 million (2010)
Net income
Increase US$–3.486 million (2010)
Website www.rittech.com
Footnotes / references

RiT Technologies Ltd. is a publicly traded company, headquartered in Israel, that provides clients with advanced network management systems. Its shares are traded on the NASDAQ Capital Market.

RiT Technologies was founded in 1989 by Ofer Bengal, who recruited brothers Yehuda and Zohar Zisapel as chief investors in the company. RiT's first product was an electrical connector, which competed with AMP Incorporated for market share. Their next product was PatchView, a network computer cable infrastructure management system. In 1997 RiT began marketing PairView, a system for monitoring and managing copper-wire telephone networks. Shares of RiT Technologies debuted on the NASDAQ Global Market in July 1997 and were transferred to the NASDAQ Capital Market in January 2004.

In September 2008, Moscow-based Stins Coman Inc., RiT's distributor in the Russian Federation, acquired a majority stake of 59.1% in the company, after having acquired 7% and then an additional 34.9% of RiT's outstanding shares earlier in the year.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Funds

In RITT 0 funds of 2213 total. Show all

Fund name Ticker shares

Major Shareholders

Name Relationship Total Shares Holding stocks