Mitel drops ShoreTel bid

Mitel drops ShoreTel bid

ShoreTel customers don't have to worry about what Mitel would have done with the gear they've already bought.

Customers of ShoreTel phones and unified communications gear can stop worrying that their lives might get complicated by a merger between the company and its rival Mitel.

Mitel has taken a $US575 million offer for ShoreTel off the table stating the refusal of ShoreTel's board to talk about the offer.

+ More on Network World: 5 top-paying IT jobs for every stage of tech careers +

"The decision to terminate the proposal early was made in light of the repeated refusal of ShoreTel's Board of Directors to engage in discussions of any kind regarding a potential transaction," Mitel says in a press release. The offer represented more than 24% more than what ShoreTel's stock was worth.

If the offer had been accepted, Mitel would have become a formidable force in unified communications, says Jeremy Duke, CEO of Synergy Research Group. If the market for on-premises UC is combined with UC as a service, Cisco is No. 1 with 28.7%, Avaya is 2  with 13.8%, ShoreTel is 3 with 8.7% and Mitel is No. 4 with 7.1%. Post-merger, Mitel/ShoreTel would bump Avaya to No. 3.

The deal would also have improved Mitel's share of the U.S. market. It would have paralleled the company's acquisition of Aastra in January that put it at No. 1 in Western Europe, which also made Mitel a billion-dollar company.

Customers would have had to ponder what would happen to the companies' respective product lines after a purchase and whether gear they had bought would be discontinued.

Follow Us

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags unified communicationsNetworkingvoiptelecommunicationAvayaShoretelSynergy

Brand Post

How to become the best IT MSP

This article provides guidance for managed service providers (MSPs) that want to grow their business. It is also useful for any IT service provider looking to move from the break-fix model to managed IT services.



Reseller News Innovation Awards 2019: meet the winners

Reseller News Innovation Awards 2019: meet the winners

Reseller News honoured the standout players of the New Zealand channel in front of more than 480 technology leaders in Auckland on 23 October, recognising the achievements of top partners, emerging entrants and innovative start-ups.

Reseller News Innovation Awards 2019: meet the winners
Malwarebytes shoots the breeze with channel, prospects

Malwarebytes shoots the breeze with channel, prospects

A Kumeu, Auckland, winery was the venue for a Malwarebytes event for partner and prospect MSPs - with some straight shooting on the side. The half-day getaway, which featured an archery competition, lunch and wine-tasting aimed at bringing Malwarebytes' local New Zealand and top and prospective MSP partners together to celebrate recent local successes, and discuss the current state of malware in New Zealand. This was also a unique opportunity for local MSPs to learn about how they can get the most out of Malwarebytes' MSP program and offering, as more Kiwi businesses are targeted by malware.

Malwarebytes shoots the breeze with channel, prospects
Show Comments