Anyone thinking about signing a deal with ShoreTel for unified communications gear might want to take a closer look now that Mitel has made public its hopes to buy the company.
Mitel says it’s prepared to pay 24% over the price last Friday of ShoreTel stock (about $ 540 million), but ShoreTel says no and won’t negotiate, according to a letter Mitel’s CEO wrote to the chairman of ShoreTel. Despite the rebuff, Mitel plans to persist and that means ShoreTel customers should be vigilant.
At the very least, businesses weighing whether to buy ShoreTel gear should find out the likely impact of a merger, says Ken Landoline, a principal analyst with Current Analysis. “Beat up your channel about what does this mean for me?” he says.
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