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December 19, 2016 12:06 pm GMT
After failing to complete its mergerwith Polycom earlier this year when Polycom instead got acquired by Siris Capital, today Mitel Networks soldbegan theprocess of streamlining its business to go forth alone, or find another acquisition or merger as a simpler company. Today Mitelannounced that it would divest Mitel Mobility, its mobile operations, to Xura for $360 million in cash, plus… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/94QLILW0MY8/
Xura buys Mitel Mobility for $385M and Ranzure to double down on 5G
After failing to complete its mergerwith Polycom earlier this year when Polycom instead got acquired by Siris Capital, today Mitel Networks soldbegan theprocess of streamlining its business to go forth alone, or find another acquisition or merger as a simpler company. Today Mitelannounced that it would divest Mitel Mobility, its mobile operations, to Xura for $360 million in cash, plus… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/94QLILW0MY8/
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