Mitel to buy ShoreTel for $430 million to create unified communications powerhouse
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. As for ShoreTel, while it… Read More Continue reading Mitel to buy ShoreTel for $430 million to create unified communications powerhouse
Salesforce announced an update to its Service Cloud today, which the company says enables non-technical administrators to build a customer service organization with connected services in less than day. That’s a bold claim, even for the marketing department, but the Service Cloud app builder has been built on top of the Salesforce Lightning development platform and designed to drag and…
OpenText, the content management company based in Waterloo, Ontario announced today that it was buying Guidance Software, a forensic security and eDiscovery vendor for $240 million.
For a long time, traditional IT resisted the cloud, but that has changed in recent years as companies have come to realize that they can’t survive without the agility, scalability and economics that only a public cloud approach can provide. Yet in spite of the clear advantages the public cloud brings, there are still many companies out there that resist it for a variety of…
When Google released a new enterprise version of Glass on Tuesday, a bevy of headlines suggested Glass was back, but It never really left. Even though the Explorer program aimed at consumers ended in January, 2015, Google has continued to sell Glass to businesses. In that context, yesterday’s release wasn’t a comeback so much as a continuation of an enterprise strategy for Glass…
It’s a big day for Workato as the startup announced a $10 million Series A, and the latest release of its workflow automation platform dubbed ‘Turing.’ The round was led by Storm Ventures with participation from strategic investors Salesforce Ventures and Workday Ventures. The four year old company has now raised a total of $16 million. Workato helps companies simplify…
Box dropped a bit of a bombshell this afternoon when it announced that long-time Chief Operating Officer Dan Levin would be stepping down from the role and Stephanie Carullo would be taking over.
SAP announced a new tool today called the Leonardo IoT Bridge designed to help bridge the gap between data coming from sensors in the field and business systems operating inside a firm.