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Utilities M&A image Utilities M&A » By The Online Investor Staff, updated Sat., Apr. 17, 8:50 AM Recent mergers and acquisitions in the Utilities M&A category.

Slide #90. 8x8, Inc. Voicenet Solutions

Acquirer: 8x8, Inc. (NYSE:EGHT)
Acquiree: Voicenet Solutions
Details: 8x8, Inc. (NASDAQ:EGHT), a provider of cloud communications and collaboration solutions to more than 35,000 business customers, today announced it has signed a definitive agreement to acquire privately-held Voicenet Solutions, one of the leading providers of cloud business telephony and communications services in the United Kingdom, for $18.4 million in cash. The transaction is subject to customary closing conditions and is expected to close before the end of the calendar year.

8x8 is a Software-as-a-Service provider of voice, video, chat, contact center, and application programmable interface (API) solutions powered by one cloud communications platform. Co. provides its customers a portfolio of voice, video, contact center, chat and team collaboration, communication APIs and business analytics solutions which include: 8x8 Virtual Office, which is a self-contained end-to-end solution that delivers voice, secure video meetings and unified communications-as-a-service globally; and 8x8 Meetings, which is a cloud-based video conferencing and collaboration solution that enables secure collaboration with video and audio communications from mobile and desktop devices.

EGHT SEC Filing Email Alerts Service


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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: 
$808.10M
Total Market Capitalization: 
$3.60B
% of Market Cap. Held by ETFs: 
22.47%
 

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Quotes delayed 20 minutes



Buy (3.12 out of 4)
35th percentile
(ranked lower than approx. 65% of all stocks covered)

Analysts' Target Price:
EGHT Stock Forecast

Based on Zacks ABR data;
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