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ShoreTel Expands Presence in AustraliaSUNNYVALE, Calif., Nov. 4, 2015 /PRNewswire/ -- ShoreTel® (NASDAQ: SHOR), the leading provider of brilliantly simple hosted phone systems and unified communications (UC) solutions, today announced it is expanding its presence in Australia with the purchase of M5 Networks Australia. As part of the company's Acceleration phase of growth, ShoreTel is expanding its cloud solutions geographically. ShoreTel already has a strong roster of onsite customers in Australia, and the M5 Australia acquisition will bring a ShoreTel hosted voice solution to the region. "The acquisition of M5 Australia is another step in our strategic plan to grow our cloud offering outside the United States, and will fill a demand for a cloud solution in the Australian market," said Don Joos, president and CEO of ShoreTel. "The purchase of M5 Australia will enable us to quickly accelerate our roll-out in the country, leveraging our existing employees and established partner base. I'm pleased to welcome the M5 Australia employees to the ShoreTel family." "ustralian businesses are very cloud savvy and are eager to buy communication services from proven providers. We're happy to become part of ShoreTel so we can expand the reach of our product offerings and create greater opportunities for our employees," said Richard Ruth, managing director of M5 Australia. Terms of the deal are not being disclosed. The acquisition is subject to customary closing conditions, and is expected to close this quarter. About ShoreTel, Inc. Legal Notice Regarding Forward-Looking Statements ShoreTel, ShoreTel Connect, the ShoreTel logo and "brilliantly simple" are trademarks or registered trademarks of ShoreTel, Inc. in the United States and/or other countries. All other trademarks, trade names and service marks herein are the property of their respective owners. Media contact: Logo - http://photos.prnewswire.com/prnh/20131118/MM19469LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shoretel-expands-presence-in-australia-300172517.html SOURCE ShoreTel |