ShoreTel
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ShoreTel, Inc. was a telecommunications vendor providing unified communications for business. In 2017, the company was acquired by Mitel.
History
In September 1996, ShoreTel was co-founded as Shoreline Teleworks by Edwin J. Basart and Mike Harrigan, both of whom were co-founders of Network Computing Devices.
In 1998, the company shipped its first products.
In April 2004, the company changed its name to ShoreTel.
On July 3, 2007, the company became a public company via an initial public offering.[1][2]
On October 21, 2010, the company announced the acquisition of Agito Networks for approximately $11.4 million.[3][4]
In 2012, the company acquired M5 Networks, based in New York City, for $146 million.[5]
In August 2013, Don Joos became president and chief executive. He had joined ShoreTel in April 2011 from Avaya.[6]
In August 2015, the company launched Connect Common UC Platform.[7][8]
In January 2016, The company acquired Corvisa to provide SIP trunking and additional third-party application integration.[9]
In February 2016, ShoreTel Connect Hybrid Sites was launched, a hybrid offering of on-premises and cloud services.[10]
In August 2016, the company began looking into a sale of the company.[11]
In September 2017, the company was acquired by Mitel for $530 million.[12][13][14][15]
Mitel filed for Chapter 11 bankruptcy protection on March 10, 2025, listing assets and liabilities between $1 billion and $10 billion.[16]
References
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