Thread regarding ShoreTel Inc. layoffs

2017, the company was acquired by Mitel for $530 million.

ShoreTel, Inc. was a telecommunications company that provided unified communications for businesses. It was co-founded in 1996 and went public in 2007. ShoreTel made several acquisitions over the years, including Agito Networks and M5 Networks. In 2017, the company was acquired by Mitel for $530 million. Prior to the acquisition, ShoreTel had 1,158 employees and reported a revenue of $359 million and a net income of $12 million in 2016.

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