je.st
news
Tag: shoretel
Mitel consolidates UCaaS market with acquisition of ShoreTel
2017-07-27 14:11:00| Telecompaper Headlines
(Telecompaper) Mitel has agreed to buy ShoreTel for USD 7.50 per share in cash, translating into a total equity value of USD 530 million and a total enterprise value of USD 430 million. The purchase price represents a 28 percent premium to ShoreTel's closing share price on 26 July, before the offer was made. Mitel said the acquisition will accelerate its move to the high-growth Unified Communications as a Service market, propelling it into second place worldwide, and more than doubling Mitel UCaaS revenue to USD 263 million.
Tags: market
acquisition
consolidates
shoretel
Mitel offers USD 540 mln for Shoretel
2014-10-20 14:49:00| Telecompaper Headlines
(Telecompaper) Enterprise telephony specialist Mitel has offered to acquire Shoretel for USD 540 million. Its unsolicited bid of USD 8.10 cash per share is a 24 percent premium to Shoretel's closing stock price the last trading day before the announcement. The company went public with the offer after Shoretel's board rejected an initial approach. Mitel said it aims to be a consolidator in the business communications market and a merger with Shortel offers complementary market footprints, particularly in the US, where ShoreTel does more than 90 percent of its business. Mitel said its offer to Shoretel will remain open until 20 November and urged the company to engage in negotiations. Mitel CEO Richard McBee sent a letter to Shoretel's board of directors on 02 October and again on 20 October, outlining the proposal.
Windstream Receives 2013 ShoreTel Circle of Excellence Award
2014-01-31 11:55:24| Grocery - Topix.net
Windstream , a leading provider of advanced network communications, announced today that it has received ShoreTel's Circle of Excellence Award for the 2013 partner year.
Tags: award
circle
excellence
receives
ShoreTel Answers Enterprise Need for Multi-Channel Customer Communication
2013-06-11 06:00:00| Industrial Newsroom - All News for Today
ShoreTel Enterprise Contact Center Takes Center Stage at Call Center Week Las Vegas<br /> <br /> SUNNYVALE, Calif. – ShoreTel® (NASDAQ: SHOR), the leading provider of brilliantly simple unified communications platforms including business phone systems, applications and mobile UC solutions, continues to see adoption of ShoreTel Enterprise Contact Center to enable customers of all sizes to increase customer satisfaction, improve employee efficiency and lower costs. The solution is on ...This story is related to the following:Communication Systems and EquipmentSearch for suppliers of: Enterprise Services Automation Software | Call Center Systems |
Tags: customer
communication
answers
enterprise
Sites : [1]