RingCentral announces their exclusive UCaaS partnership heading into 2022 allowing customers to switch from Mitel and make a seamless transition to cloud-based and the best VoIP service for business searching for unified communications. UCaaS is the top rated VoIP service provider and the most sought out after.
UCaaS partnership with Mitel has over 35 million customers, making this acquisition from RingCentral a robust benefit for millions of businesses. RingCentral utilizes CloudLink technology, enabling a designated path from on-site PBX to a message video phone (MVP) cloud platform on the exclusive platform of RingCentral.
Keep reading to learn how Searchlight Capital Partners, L.P.’s affiliates invested $200 million dollars in RingCentral and became an exclusive UCaaS partner.
What Are the Benefits of Making the Switch from Mitel?
Some of the benefits of this exclusive agreement, RingCentral became Mitel’s UCaaS partner. This makes a seamless transition that provides their customers with a state-of-the-art and first class cloud communication platform. It offers a switch from Mitel, a secure and highly reliable system with broad enterprise app integrations.
Mitel promises to continue with customer support from its MiCloud Connect platform, enabling RingCentral to offer a seamless path to the best VoIP service for small businesses searching for cloud-based MVP. This agreement benefits all of its customers and provides them with a renowned UCaaS VoIP service provider.
Here are some of the best VoIP service for business partnership highlights:
- The switch from Mitel doesn’t mean that Mitel isn’t delivering high-quality UC solutions for its worldwide customers.
- RingCentral is now Mitel’s exclusive UCaaS partner who provides the best VoIP service for small businesses and large corporations.
- UCaaS, the best VOIP service for business will carry Mitel’s customer base of over 35 million on a seamless path to RingCentral’s MVP cloud communications.
Additionally, Cloudlink, a revolutionary cloud platform that enables users to integrate their modem cloud applications with on-premises infrastructure, making Mitel customers an easy part of the switch. Mitel users will still be able to use their pre-existing on-premises PBX systems with the RingCentral application.
What is RingCentral Saying About the Switch from Mitel?
Vlad Shmunis, RingCentral’s chief executive officer, chairman, and founder said, “ We’re combining the best of RingCentral and Mitel to provide customers with the best VOIP companies coupled by the right collaboration and communication solutions for their specific needs.”
He went on to say, “Given our transparent customer-centric focus, we are ecstatic to now announce that we can provide customers with a differentiated and flexible digital transformation path.”
Here are some of the agreements in this exclusive UCaaS best VoIP service for business:
Financial Terms
It is said that RingCentral is to pay Mitel $650 million to receive the intellectual patents and property rights that cover call and network management, infrastructure, and security. Further sweetening the deal is Mitel’s current board of overseers and Searchlight affiliates investing $200 million in equity to RingCentral.
Go-to-Market and Product
The product is going to be still branded as RingCentral MVP, increasing the availability to the entire customer base of Mitel via Mitel’s and RingCentral’s combined channels. Moreover, product enhancements are also leveraging joint technologies with Mitel device and phone support for RingCentral MVP set to take place at the start of 2022.
Forward Looking Statements
The best VoIP service for business includes forward looking statements that deal with federal securities laws, relating to the anticipated benefits and opportunities that seals the exclusive partnership between Mitel and RingCentral. There are many more details on form 10-Q, RingCentral’s quarterly report.
Additionally, all future oral and written forward-looking statements in agreement with the switch from Mitel to RingCentral and any entities acting on their behalf have already been qualified in full by the previous statements. Mitel and RingCentral are not obligated to update forward looking statements after the date of their press release.
More About RingCentral and Mitel
Both RingCentral and Mitel are leaders and providers of VoIP companies for cloud communications and a specialized contact center solution that is based on the Message Video Phone (MVP®) worldwide platform. It offers a more cost-effective and flexible video conferencing system.
Mitel and RingCentral empower distributed and modern mobile workforces that collaborate, communicate, and connect via any location, any mode, and any device.
Where to Get the Best VoIP Service for Business?
To get the best of the switch from Mitel to RingCentral and the exclusive partnership with UCaaS, call UCaaS Review today or request a free quote by clicking here. Customers can also use our online text feature and talk to one of our experienced and friendly VoIP service provider representatives.
Contact UCaaS Review today to get the many advantages of RingCentral innovative and cloud-based messaging systems, enabling global businesses the freedom to grow and stay connected at more affordable rates.