Mitel to Buy ShoreTel for $430 Million to Create Unified Communications Powerhouse

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Story by Ron Miller, TechCrunch

Sometimes combining two companies that compete in the same market provides a quick way to leapfrog your market share. That was likely the thinking behind Mitel’s decision to buy ShoreTel this morning for $430 million.

Combining the two companies catapults Mitel to number two in the Unified Communications as a Service (UCaaS) market, according to the company.

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