ShoreTel, Inc. was a telecommunications vendor providing

unified communications Unified communications (UC) is a business and marketing concept describing the integration of enterprise communication services such as instant messaging (chat), presence information, voice (including IP telephony), mobility features (including e ...

for business. In 2017, the company was acquired by

Mitel Mitel Networks Corporation is a Canadian telecommunications company. The company previously produced TDM PBX systems and applications, but after a change in ownership in 2001, now focuses almost entirely on Voice-over-IP (VoIP) products. 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 Network Computing Devices (NCD) was a company founded in 1987 to produce a new class of products now known as a thin client. It was founded in Mountain View, CA, and when it closed it was headquartered in Beaverton, Oregon. The corporate founde ...

. 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 A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (l ...

via an

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

. On October 21, 2010, the company announced the acquisition of Agito Networks for approximately $11.4 million. In 2012, the company acquired M5 Networks, based in New York City, for $146 million. In August 2013, Don Joos became president and chief executive. He had joined ShoreTel in April 2011 from Avaya. In August 2015, the company launched Connect Common UC Platform. In January 2016, The company acquired Corvisa to provide SIP trunking and additional third-party application integration. In February 2016, ShoreTel Connect Hybrid Sites was launched, a hybrid offering of on-premises and cloud services. In August 2016, the company began looking into a sale of the company. In September 2017, the company was acquired by

for $530 million.

References

{{Reflist, 1 1996 establishments in the United States 2007 initial public offerings 2017 mergers and acquisitions Telecommunications companies established in 1996 Defunct telecommunications companies of the United States