8. Mitel Purchases Toshiba's UC Assets And Support Contracts

Purchase Price: Not disclosed

Earlier this year, Toshiba said it was exiting the telecommunications market in North America and shutting down its Telecommunication Systems Division, a subsidiary based in Irvine, Calif., that sells unified communications offerings.

Mitel stepped in with plans to acquire selected UC assets as well as support contracts from Toshiba. The Ottawa, Ontario-based vendor will receive Toshiba assets and support obligations, including existing inventory, as well as product and services agreements transferred from Toshiba customers to Mitel.

"Toshiba's communications business is a perfect complement to Mitel and ultimately benefits our current customers and channel partners by expanding our footprint capabilities," said Wes Durow, chief marketing officer for Mitel. "In doing so, it further expands our scale as more and more businesses seek a seamless path to cloud-based unified communications and collaboration capabilities."