Dec 02, 2021 MetriNote – 8×8 Buys Fuze
What’s the news?
December 1, 2021 – 8×8 announced that it is purchasing rival UCaaS and CCaaS provider Fuze for $250 million in combined cash and stock. The deal is expected to close in Q1 of 2022. 8×8 notes that the acquisition will accelerate its product development and global expansion, while providing current Fuze customers with a roadmap for leveraging 8×8’s XCaaS single platform for calling, meetings, messaging, contact center, and Communications Platform-as-a-Service features delivered via APIs.