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News : ShoreTel Completes Acquisition of UC Cloud Provider Corvisa
Sunnyvale, CA, USA, Jan. 7, 2016 -- ShoreTel (NASDAQ: SHOR), a provider of hosted phone systems and unified communications (UC) solutions, announced it has completed its acquisition of Corvisa LLC, a provider of cloud-based communications solutions, as of January 6, 2016.
"The close of this acquisition represents another milestone in the acceleration phase of our strategic plan. The addition of Corvisa's standards-based APIs, SIP trunking and standalone contact center expands our cloud-based offering while providing new sources of hosted revenue," said Don Joos, president and CEO of ShoreTel. "We are excited to have Corvisa's leadership team and approximately 95 technically skilled and customer-facing employees join ShoreTel to further enhance our development roadmap and go-to-market actions."
Posted by Veronica Silva Cusi, news correspondent
Today's Tip of the Day - Understand Your Business
More Editorial From ShoreTel
ShoreTel delivers IP telephony solutions to the enterprise. The spark for this solution emerged out of frustration. While purchasing a phone system at a previous venture, ShoreTel''''s co-founders were confounded by products short on features and long on complexity. So they created a better solution.
Published: Friday, January 8, 2016