8X8 XCAAS

8x8 to Acquire Fuze

Retrieved on: 
Wednesday, December 1, 2021

8x8, Inc. (NYSE: EGHT), a leading integrated cloud communications platform provider, today announced that it has entered into a definitive agreement to acquire Fuze, a leader in cloud-based communications for the enterprise.

Key Points: 
  • 8x8, Inc. (NYSE: EGHT), a leading integrated cloud communications platform provider, today announced that it has entered into a definitive agreement to acquire Fuze, a leader in cloud-based communications for the enterprise.
  • Under the terms of the agreement, 8x8 will acquire Fuze for approximately $250 million in stock and cash, subject to certain adjustments.
  • 8x8 was recently named a Leader and Fuze a Visionary in the 2021 Gartner Magic Quadrant for Unified Communications as a Service, Worldwide.
  • 8x8, 8x8 XCaaS, eXperience Communications as a Service are trademarks of 8x8, Inc.