As Mitel’s revenues continue to climb, the CEO of the Ottawa-based telecom firm says he’s on the lookout for additional takeover targets.
Mitel Networks Corp. (TSX:MNW) says it will sell its mobile division in a deal worth more than $385 million.
Mitel’s second-quarter results were “significantly impacted” by foreign currency fluctuations, the Ottawa-based company’s chief financial officer said Thursday.
Mitel Network’s friendly acquisition of southern Ontario-based Aastra Technologies created a billion-dollar company with 60 million customers around the world, making it the city’s biggest tech dea
Three days short of the scheduled deadline, Ottawa-based Mitel has withdrawn its offer for all the outstanding shares of California-based ShoreTel.
With the clock ticking toward the Nov. 20 deadline, Mitel sweetened the pot Monday in its attempt to acquire California-based ShoreTel Inc.
Mitel announced third quarter results Thursday that beat its revenues and earning forecasts, and CEO Rich McBee credited his team for its strong execution of the company’s disciplined strategy.