8×8-Fuze
XCaaS (experience communications as a service) is shaping the future of cloud communications and 8×8 sees its potential for growth. So much so that it acquired its rival Fuze for approximately $250 million in stock and cash. 8×8’s acquisition of Fuze will help the UCaaS provider establish itself as an alternative to rivals Microsoft, Zoom and RingCentral.
“The acquisition of Fuze expands our operational scale and extends our global presence as we meet enterprise demand for our XCaaS integrated UCaaS and CCaaS solution,” said Dave Sipes, CEO at 8×8.
To learn more about the deal, read our initial coverage and then expert reaction.
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