ShoreTel to Review Options for Its Future, Including a Possible Sale

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The UC vendor, which is shifting its efforts to the cloud is forming a committee that will take a look at all options, from a sale to partnerships.

Story by Jeffrey Burt, eWeek

ShoreTel officials are forming a committee to explore various options for the business communications company, which could include everything from selling all or parts of the company to joint ventures and partnerships.
The company’s board of directors has formed a strategic advisory committee that will advise the full board on the various options while ShoreTel has retained J.P. Morgan Securities as its financial advisor in the effort and Fenwick and West as its legal counsel.

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