ShoreTel had a blockbuster week, announcing it has signed a definitive agreement to acquire M5 Networks, giving its customers a choice between on-premise and hosted UC solutions. The acquisition allows ShoreTel to quickly offer cloud-based unified communications as a service (UCaaS) to customers that are looking to deploy IP communications through a hosted model. M5 is a service provider with customer base of more than 2,000 companies.
ShoreTel will acquire M5's "entire operation including its customer base, distribution capability, and proprietary network,
and will be extending offers to substantially all of its employees," according to the company's statement. Plans call for
the engineering teams to remain separate, although they will cooperate and coordinate to leverage the innovation and best
practices. The current ShoreTel Champion Partner reseller program will evolve to ability to offer hosted services once resellers
have been qualified and certified. The deal is subject to customary approvals.
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