Mitel Networks has announced it has entered exclusive negotiations with Atos to acquire Unify, the Unified Communications and Collaboration (UCC) and Communication and Collaboration Services businesses (CCS) of the Atos group. The proposed transaction is subject to the consultation of the relevant employee representative bodies and other customary regulatory approvals, with closing expected in H2 2023.
Together, Mitel and Unify would be a prominent UC leader in the Americas and Europe, with a collective customer base of more than 75M users in over 100 countries and a channel community of more than 5,500 global partners. The proposed transaction would also notably expand Mitel’s reach and organizational scale, and lead to increased global revenues and profitability.
Tarun Loomba, president and chief executive officer of Mitel, would serve as President and Chief Executive Officer of the combined company. Additional members of the management team would be selected from both companies during the closing period.
“The UC industry today holds significant opportunities to grow through M&A, aligning well with Mitel’s strategy and expertise,” said Mitel president and CEO Tarun Loomba. “The addition of Unify’s portfolio, partners and talent would significantly expand Mitel’s scale and offerings, enabling us together to offer customers even greater choice and flexibility throughout the lifecycle of their business communications.”
“Unify and Mitel both have a deep heritage in the communications market centered around customer needs and a channel-driven go-to-market strategy,” said Marcus Hänsel, chief executive officer of Unify at Atos. “Mitel’s commitment to UC, heritage of success, and experience integrating complementary global businesses gives us great confidence in our future together.”
