ShoreTel

ShoreTel

ShoreTel, Inc. was a telecommunications vendor providing unified communications for business. In 2017, the company was acquired by Mitel.

Quick Facts Industry, Founded ...

History

In September 1996, ShoreTel was co-founded as Shoreline Teleworks by Edwin J. Basart and Mike Harrigan, both of whom were co-founders of Network Computing Devices.

In 1998, the company shipped its first products.

In April 2004, the company changed its name to ShoreTel.

On July 3, 2007, the company became a public company via an initial public offering.[2][3]

On October 21, 2010, the company announced the acquisition of Agito Networks for approximately $11.4 million.[4][5]

In 2012, the company acquired M5 Networks, based in New York City, for $146 million.[6]

In August 2013, Don Joos became president and chief executive. He had joined ShoreTel in April 2011 from Avaya.[7]

In August 2015, the company launched Connect Common UC Platform.[8][9]

In January 2016, The company acquired Corvisa to provide SIP trunking and additional third-party application integration.[10]

In February 2016, ShoreTel Connect Hybrid Sites was launched, a hybrid offering of on-premises and cloud services.[11]

In August 2016, the company began looking into a sale of the company.[12]

In September 2017, the company was acquired by Mitel for $530 million.[13][14][15][16]


References

  1. "ShoreTel, Inc. 2016 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  2. Lidstone, Rory (January 7, 2016). "ShoreTel's Corvisa Acquisition is Officially Complete". CloudComputing.
  3. Burbick, Michelle (February 24, 2016). "Hybrid Made Easy". nojitter.

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