Xura buys Mitel Mobility for $385M and Ranzure to double down on 5G

Abstract 3D network in future After failing to complete its $1.96 billion merger with Polycom earlier this year when Polycom instead got acquired by Siris Capital for $2 billion, today Mitel Networks began the process of streamlining its business to go forth alone, or find another acquisition or merger as a simpler company. Today Mitel announced that it would divest Mitel Mobility, its mobile operations, to Xura for… Read More


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