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8×8 Closes Acquisition Of Fuze

8×8, Inc. a leading integrated cloud communications platform provider, announced the completion of the acquisition of Fuze, Inc., a leader in cloud-based communications for the enterprise, for approximately $250 million in stock and cash. The acquisition further accelerates 8×8 XCaaS™ (eXperience Communications as a Service™) innovation, and expands 8×8’s enterprise customer base and global presence.

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“We are excited to welcome Fuze employees, customers and partners to 8×8. We are committed to supporting the Fuze platform, while offering the best of both platforms to all of our customers,” said Dave Sipes, Chief Executive Officer at 8×8, Inc. “With this acquisition we can further extend our XCaaS offering to deliver a differentiated experience for enterprise organizations, which is instrumental as we drive to become a $1 Billion revenue SaaS business.”

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8×8 allows enterprise organizations to enhance employee and customer experience as they move off legacy on-premises systems to an integrated, single-vendor cloud contact center, voice, team chat, video meetings, and CPaaS embeddable APIs solution.

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[To share your insights with us, please write to sghosh@martechseries.com]

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