Mitel Solutions

 
Powering more than 2 billion calls, chats and social messages a day, Mitel solutions include phone systems, collaboration and contact center solutions. They offer cloud or on site – for more than 60 million users around the world. Mitel’s broad portfolio of solutions is designed to cover virtually every business communication need across any industry.
 
With Mitel, your investment is future-ready, even as you grow or shift between on-premises communications, cloud communications or a hybrid of the two. Mitel’s expansive portfolio of customer experience, mobility and collaboration solutions provide a unified, comprehensive platform for your business communications – no matter what the future holds.
 

 
Flexible deployment options and 40+ years of experience have allowed Mitel to become the fastest growing business communications provider in the world.
 
 

 

Mitel announces definitive agreement to acquire ShoreTel

 
Consolidation accelerates Mitel’s move to high-growth UCaaS market
 
OTTAWA and SUNNYVALE, Calif., July 27, 2017 (GLOBE NEWSWIRE)
 
Accelerates Mitel’s path to growth
 
Delivers attractive shareholder value with $60 million in expected synergies
 
Moves Mitel into a #2 position in UCaaS market
 
Expected to be accretive in the first year
 
Mitel (Nasdaq:MITL) (TSX:MNW) and ShoreTel (Nasdaq:SHOR) today announced that they have entered into a definitive merger agreement pursuant to which Mitel will acquire 100% of the outstanding shares of ShoreTel common stock in an all-cash transaction at a price of $7.50 per share, or a total equity value of approximately $530 million and a total enterprise value of approximately $430 million. The purchase price represents a 28% premium to ShoreTel’s closing share price on July 26, 2017.
 
Stronger together as a global market leader in the rapidly growing UCaaS market
 
Continuing to deliver its move-to-the-cloud strategy, with this transaction Mitel is accelerating on a growth path by investing further and faster into the UCaaS (Unified Communications as a Service) market as digital transformation accelerates customer demand for cloud-based solutions globally. The combined company will be the #2 player in the UCaaS market, creating a supplier with the scale and technical capabilities to enable customers with new cloud-based solutions and applications. MORE
 

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