Ottawa-based telecom firm Mitel (TSX:MNW) (NASDAQ:MITL) made waves last week with its $430-million purchase of rival ShoreTel.
The deal will propel Mitel into the No. 2 position in the unified communications-as-a-service market with annual revenues of $1.3 billion.
With its share price continuing to rise in the aftermath of the acquisition, Steve Spooner – Mitel’s chief financial officer – dropped by Techopia Live to explain the thinking behind the purchase, Mitel’s M&A strategy and why businesses are losing interest in managing their phone and communication systems in-house.
(Sponsored)
The story behind Glenview Homes’ 2025 GOHBA award-winning Reveli floor plan
When Glenview Homes’ Design and Drafting Manager Eno Reveli sat down to design a new production floor plan, he wasn’t thinking about awards or show homes. He was thinking about
OBJ launches the 2026 Executive Report on Cornwall
Cornwall has emerged as one of Eastern Ontario’s most compelling locations for business investment, thanks to a combination of affordability, strategic positioning, and a steadily growing economic base.
