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Want to buy Out Of Service Used Mitel phones

Want to buy Out Of Service Used Mitel phones

Want To Buy Mitel 5330E 5340E 5320E phones

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Looking to buy out of service Mitel and Polycom

Looking to buy out of service Mitel and Polycom

If you have extra inventory or a system you are no longer using turn it into cash!

We are looking to buy Polycom VVX410, VVX310, VVX300, IP6000, IP7000's

Mitel 5320E Backlit, 5330E Backlit, 5340E, 5340, & 5330 Backlit

Mitel 4025 Backlit, 4150 Backlit, & Superconsoles

Searchlight to Acquire Mitel for $2 Billion

Searchlight to Acquire Mitel for $2 Billion

Ottawa-based Mitel Networks Corp. has been acquired by London-based Searchlight Capital Partners for $2 billion.

The cash transaction was announced on Tuesday and will see Mitel be taken off the public stock exchanges and become a private company. The acquisition comes less than two years after Mitel was foiled in its intent buy rival enterprise communications firm Polycom for $1.96 billion. That deal was killed when another private equity firm, Siris Capital, offered $2 billion in cash for Polycom.

Mitel shareholders should be pleased with yesterday’s announcement. In the days prior to the deal, Mitel’s stock hovered just above $10 per share, but this acquisition will pay out $11.15 per share in cash. Mitel notes it’s about 24 per cent higher than the 90-day average of the share price.

The 45-year-old Mitel has built its business on IP communications in the enterprise space. In recent years its moved on from selling PBX boxes to voice over IP (VoIP) solutions and collaboration software. It has no shortage of competitors in the space, including Cisco Systems and Avaya in the enterprise solutions space. It also faces a barrage of competition in the software collaboration space including from Microsoft, Facebook, and Slack.

Searchlight operates offices in London, New York, and Toronto. Specializing in equity and debt acquisition, its no stranger to enterprise IT vendors, having previously invested in cloud computing firm Rackspace. It’s also a familiar player in Canadian markets, having acquired apparel retailer Roots in 2015 and taking it to an initial public offering last year.

Mitel completed some acquisitions of its own in 2017, acquiring unified communications vendor ShoreTel in July for $430 million. It also acquired Toshiba’s unified communications business. Mitel CEO Rich McBee said at the time that Mitel’s strategy was to consolidate the market around unified communications as a service and assist clients with digital transformation efforts.

The deal comes with a 45-day “go-shop period” that opens up the possibility the acquisition could be disrupted if a better offer comes along by June 7.

 
Published: April 25th, 2018

Plantronics to buy Polycom for $2 billion

Plantronics to buy Polycom for $2 billion

Plantronics to buy video conferencing gear maker Polycom for $2 billion

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We are looking to buy Polycom VVX, Mitel 5320E Backlit, 5330E Backlit and 5340E's

We are looking to buy Polycom VVX, Mitel 5320E Backlit, 5330E Backlit and 5340E's

If you have extra inventory or a system you are no longer using turn it into cash!

We are looking to buy Polycom VVX500, VVX410, VVX310, IP6000's

Mitel 5320E Backlit, 5330E Backlit and 5340E's

Mitel to buy Shoretel for $430 million

Mitel to buy Shoretel for $430 million

Mitel buys Shoretel for $430 million

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Toshiba to Shut Down Business Phone Division

Toshiba to Shut Down Business Phone Division

We will still be buying and selling Toshiba phone products.  We try to keep as much stock as possible available to keep your systems up and running.  enterpriseresale.com

 

Toshiba plans to shut down its business phone division as part of its continuing global restructuring.

In a letter this week, Brian Metherell, vice president and general manager of Toshiba America Information Systems’ (TAIS) Telecommunication Systems Division (TSD), notified dealers of the pending closure. 

Toshiba has “deemed it necessary to wind down our Telecommunication Systems Division (TSD) business starting immediately," he said. Toshiba Canada also will be announcing the wind-down of its telecommunications business, and TSD will no longer be selling in Mexico, he said.

TSD is a manufacturer of IP business telephone systems designed for small-to medium-size businesses and larger enterprises with multiple locations.

Amazon Pay is now available along with PayPal, Visa, Mastercard, & Amex

Amazon Pay is now available along with PayPal, Visa, Mastercard, & Amex

Amazon Pay is now available along with PayPal, Visa, Mastercard, & American Express.

Apple Pay coming soon.  Enterprise Resale Solutions

We do electronics recycling

We do electronics recycling

We buy used telecom and networking gear

Mitel, Toshiba, Nortel, Shoretel, Avaya, Polycom, Cisco, & HP.  

If there is no longer a market for the equipment we work with recyclers who often will take it.  

If it is older or not a brand we deal with we work with recyclers who do want the equipment.

Apple Pay & Amazon Pay coming soon to our website

Apple Pay & Amazon Pay coming soon to our website.

www.enterpriseresale.com