Monday, March 6, 2017

Could ShoreTel acquire 8x8?



There's an unidentified source claiming that:
8x8, a VoIP and cloud service provider focused mainly on business customers, is considering selling the company amidst a growing wave of consolidation in the telecom service provider industry segment. Citing unnamed sources close to the company, Reuters reported that 8x8 has been consulting with Morgan Stanley to gauge the interest of other similar companies and private equity firms.

Report: VoIP, cloud provider 8x8 considers a possible sale | FierceTelecom
Why would ShoreTel even be interested? Well, besides the obvious,
ShoreTel and Vonage have been aggressively expanding their reach via acquisitions. In 2015, ShoreTel acquired Corvisa, a provider of cloud-based communications solutions, for $8.5 million, enhancing its unified communications capabilities.

Report: VoIP, cloud provider 8x8 considers a possible sale | FierceTelecom
With Vonage being just as aggressive, I'm sure they would also like an opportunity to do the same, assuming the claim is true. They've purchased four companies themselves, Nexmo, iCore, SimpleSignal and Telesphere.

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