ShoreTel to Acquire M5 Networks - Internet Telephony

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»Free Premium Content Internet Telephony: 2/06/2012 eNewsletter

Featured Articles » Siemens Enterprise Communications Announces Strong Growth through Strategic Partnerships and Expanded UC Service » Enterprise HD IP Phone: A Peek at Yealink's SIP T-28P IP Phone » Humbug Launches Improved Fraud Detection at ITEXPO » General Telecom Launches VoIP Partner Program at ITEXPO East   Sponsored By: XO Communcations WEBINAR: SIP Trunking: How to get the biggest bang for your buck Wednesday February 15, 2012 TIME: 2:00pm ET/ 11:00am PT What Attendees will learn: Best practices for a headache-free SIP Trunk implementation How to avoid interoperability snares and pitfalls 8 steps to ensure a smooth implementation   Top Stories » 800-Numbers.PBXCompare.Com Compares Traditional Telephony to Virtual PBX » AVST Introduces CX-S, New UC Product Line for SMBs » IPsmarx Announces New Hosted VoIP Platform at IT EXPO East 2012 » The Benefits of Hosted PBX   From The Expert Corner February 02, 2012 ShoreTel to Acquire M5 Networks, Reports Q2 Revenue of $58 Million By Erin Harrison, Executive Editor, Strategic Initiatives It was a big day for IP phone system provider ShoreTel. The Sunnyvale, Calif.-based company announced it will acquire M5 Networks (News - Alert) just before releasing its second quarter earnings report, which shows revenue of $58 million, up eight percent over Q1-2012 and up 22 percent from the second quarter of fiscal year 2011. As cloud computing becomes a more popular option for enterprises, ShoreTel agreed to acquire hosted Unified Communications (News - Alert) provider M5 Networks for up to $162.4 million in cash and stock. As a result of the acquisition, company officials said ShoreTel will be “uniquely positioned” to provide customers a choice between on-premise and hosted UC solutions. “The acquisition of M5 positions ShoreTel as a leader in the fast-growing cloud UC market and delivers a suite of hosted telephony solutions that is unmatched in the marketplace,” Peter Blackmore, CEO of ShoreTel, said in a company statement. “This acquisition is a critical step in our evolution and enables the company to capitalize on trends in cloud computing and advance our enterprise communications strategy... Read More   Featured Video Interview with Aculab   TMCnet Free Premium Content » Powerful Reporting for Cisco UCC Contact Centers » SIP Trunk Implementation: Key Steps to Ensuring Interoperability    Latest Blogs » Forget Super Wi-Fi! Go with Super Wi-Fi! Wait. What? » A Fun Chat with VAR Dynamics   Featured Channels » Unified Communications Software - Unified Communications Software » VoIP Call Recording » IP Softswitch   Webinars Download One of Our Webinars Today to learn about new opportunities to enhance your business. http://www.tmcnet.com/webinar/   Contact Us   Company Directory    |    All Editors' Info   Become a TMCnet Columnist! Become a TMCnet columnist! Want to contribute your expertise to a growing audience of technology professionals? Become a writer, blogger or columnist for the TMCnet Web site and this newsletter. Contact TMCnet Group Editorial Director, Erik Linask, at elinask@tmcnet.com for details.

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