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RingCentral CEO Scoffs At Mitel-ShoreTel Acquisition; Talks Winning Over Top Avaya Partners And $1B Sales Goal

"[Mitel-ShoreTel] does not seem to be, from my perspective, like one-plus-one equals three here. It seems like two legacy providers who are running out of market share," said RingCentral CEO Vlad Shmunis.

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Mitel said its acquisition of ShoreTel would create the No. 2 player in the UCaaS industry. Do you think that's true?

It's interesting that they say they're now the No. 2 player because we don't really see them out there. If we do, we replace them as on-prem legacy providers. Their cloud solutions are not well received. From Mitel, we never even see them as a cloud provider. I'm not entirely sure what exactly do they in terms of their cloud solution. ShoreTel we see a little of, but very minor. It does not seem to be, from my perspective, like one-plus-one equals three here. It seems like two legacy providers who are running out of market share.

 
 
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