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31 Mitel common shares for each share of Polycom common stock, or USD 13.
Mitel acquired all of the issued and outstanding Aastra common shares.
Unified communications software provider Mitel (Nasdaq:MITL) announced on Monday two enhancements to its Mitel Mobile voice and data service through Mitel NetSolutions.
Sun Microsystems and Mitel take Unified Communications to a whole new level
Mitel will also be offering a range of online services to enhance event management and benefit both players and guests.
It is expected that the combination of Mitel and Polycom will create a new industry leader leveraging Mitel's leadership as a pioneer in global communications with Polycom's premium brand and industry-leading portfolio in the conference and video collaboration market.
Mitel (NASDAQ: MITL) said it has recognized Frontier Communications Corp.
Customer Service, Network Services and Certified Mitel Equipment Combine for Reliability and Cost-Savings
Under the deal, which was announced in early March Mitel agreed to buy Mavenir in a cash and stock deal valued at approximately USD 560m.
Mitel (NASDAQ: MITL) has announced the University Medical Center Utrecht (UMCU is replacing its communication platform with a Mitel Private Cloud solution.
Mitel is a leader in providing reliable, flexible and easy-to-manage communications solutions to organizations of any size.
With the acquisition of Mavenir, Mitel expects to expand its total addressable market by approximately USD14bn by 2018, as well as be positioned to capitalise on the increasing demand for 4G LTE service.