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The 10 Biggest Tech Mergers And Acquisitions Of 2017

IT vendors, telecom giants, and solution providers got in on the M&A action during 2017, so there's no telling what new services are coming to the market in 2018. Here are ten of the biggest, headline-grabbing tech acquisitions of year.

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10. Mitel, ShoreTel Finally Come Together

Price: $530 million

In a highly-anticipated move between the two cloud-based unified communications providers, Mitel announced its plan to acquire ShoreTel in July for $530 million.

Via the terms of the deal, Mitel received 100 percent of the outstanding shares of ShoreTel common stock in an all-cash transaction at a price of $7.50 per share. The acquisition, which closed in September, catapulted Mitel to the second-largest UC as a Service provider in the world, according to the company.

 
 
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