Mitel® (Nasdaq:MITL) (TSX:MNW), a global leader in business communications, today announced the completion of its acquisition of ShoreTel. With this addition, Mitel has accelerated its move-to-the-cloud strategy, shifting into the #2 market share position for UCaaS (Unified Communications as a Service) globally* as customers worldwide look for cloud and cloud-capable solutions to digitally transform their businesses.
Mitel Networks Corporation ("Mitel") (Nasdaq:MITL) (TSX:MNW) today announced that the tender offer (the "Offer") made by Mitel's indirect, wholly-owned subsidiary (the "Offeror") to acquire all of the issued and outstanding shares of common stock of ShoreTel, Inc. ("ShoreTel") (Nasdaq:SHOR) for US$7.50 per share, net to the seller in cash, net of applicable withholding taxes and without interest, has been extended until 5:00 p.m., New York City time, on September 22, 2017. The Offer was previously scheduled to expire at 5:00 p.m., New York City time, on Monday, September 18, 2017.
Mitel® (Nasdaq:MITL) (TSX:MNW), a global leader in enterprise communications, announced today the appointment of Don Schleicher to head up the organization's sales in the Americas region. Based in Dallas, Schleicher will report to Todd Abbott, Mitel Executive Vice President of Global Sales. Schleicher joins Mitel from ServiceMax, where he was Executive Vice President of Global Sales.
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