8×8-Fuze
This was one of Channel Futures’ most-read acquisition stories in January. 8×8 completed its purchase of rival Fuze for approximately $250 million in stock and cash.
Increasing its global market footprint is likely the key driver for the 8×8 acquisition.
“8×8 holds its own when it comes to technology and innovation,” one expert said. “And even though it has reported double-digit growth in the past five years, it was facing mounting pressure from competitors such as RingCentral that are aggressively expanding their global presence.”
Discover the motives behind 8×8’s purchase.
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