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Mitel Closes On Transaction With Atos To Acquire Unify

Oct 02, 2023almost 2 years ago

Acquiring Company

Mitel

Acquired Company

Unify

KanataTelecommunicationsHardwareInformation Technology

Description

Mitel, a global leader in business communications, today announced it has closed on its previously published plans to acquire Unify, the Unified Communications and Collaboration (UCC) and Communication and Collaboration Services businesses (CCS) of the Atos group. Terms of the transaction were not disclosed.

Company Information

Company

Mitel

Location

Kanata, Ontario, Canada

About

Mitel helps businesses and service providers connect, collaborate, and provide innovative services to their customers. Our innovation and communications experts serve business users in more than 100 countries.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed