News : ShoreTel Issues Statement Regarding Mitel Withdrawal
Sunnyvale, CA, Nov 17, 2014 -- ShoreTel, a provider of simple phone systems and unified communications solutions, issued the following statement regarding Mitel Networks Corporation’s (NASDAQ: MITL) ("Mitel") decision to withdraw its acquisition proposal.
We appreciate the focus and hard work of our employees and the loyalty of our customers and partners, and thank ShoreTel stockholders for their input and support throughout this process.
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Mitel is a global provider of enterprise and small business communications solutions and services. The company focuses on blending powerful infrastructure with an intuitive human interface to deliver the benefits of voice, video and data convergence to the user. Mitel's broad portfolio of solutions provide advanced voice, video and data communications platforms, desktop phones and Internet appliances, intuitive applications for customer relationship management and mobility, messaging and multimedia collaboration.
Published: Wednesday, November 19, 2014