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Communications Services M&A image Communications Services M&A » By The Online Investor Staff, updated Sat., Feb. 27, 1:20 AM Recent mergers and acquisitions in the Communications Services M&A category.

Slide #53. The IRC Company, Inc. (dba Black Lotus Communications) 8x8 Dedicated Server Hosting Business

Acquirer: The IRC Company, Inc. (dba Black Lotus Communications)
Acquiree: 8x8 Dedicated Server Hosting Business (NYSE:EGHT)
Details: 8x8, Inc. (NASDAQ:EGHT), provider of innovative cloud communications and computing solutions, today announced it has sold its dedicated server hosting business to The IRC Company, Inc. (dba Black Lotus Communications) for $3 million in cash. The transaction signed and closed on September 30, 2013.



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Company Name: 
8x8 Inc
Stock buyback: 
EGHT buyback
Website: 
www.8x8.com
Sector: 
Application Software
Number of ETFs Holding EGHT: 
54
Total Market Value Held by ETFs: 
$824.43M
Total Market Capitalization: 
$3.58B
% of Market Cap. Held by ETFs: 
23.00%
 

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Quotes delayed 20 minutes



Buy (3.12 out of 4)
38th percentile
(ranked lower than approx. 62% of all stocks covered)

Analysts' Target Price:
EGHT Stock Forecast

Based on Zacks ABR data;
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