Welcome to our round-up of the biggest news in the UC space over the past week.

8×8 Delivers Strong Performance

8×8 reported 15 percent revenue growth for its Q3, driven by the adoption of its Teams voice offering.

The vendor reported sales of $159.6m for the quarter ending 31 December 2021.

CEO Dave Sipes said: “[With] 8×8 Voice for Teams, we are seeing increased adoption as organizations seek to provide their distributed workforces with the ability to interact with colleagues.

“In September, we announced that we had surpassed 100,000 business users for our team’s integration, and we continue to see strong momentum.

“In the third quarter, we experienced business user growth of more than 30 percent quarter-over-quarter, as a growing number of new and existing customers adopt 8×8 Voice for Teams”

Is Microsoft Eyeing a Security Acquisition?

Reports emerged this week that Microsoft is considering a bid for incident response firm Mandiant.

Mandiant, which separated from FireEye last year, is listed on the NASDAQ stock exchange and valued at more than $4bn.

Neither Microsoft nor Mandiant commented on the rumours, but Mandiant’s share price rose more than 20 percent when the rumours were reported.

Microsoft has made a handful of cybersecurity acquisitions over recent years, including CloudKnox, RiskIQ, CyberX and Refirm Labs.

Avaya Hit by Project Delays

Avaya reported a dip in sales for its Q3, largely due to delays in projects.

Sales dropped four percent and came in a way behind expectations – but the vendor also saw a rise in ARR for its OneCloud portfolio.

It also revealed a huge $400m contact centre win.

“The mix of content and the final deal terms of some contracts did result in a delay of revenue recognition,” CEO Jim Chirico said.

“With respect to the environment, there is no doubt it caused a pause. The fact is that many of our customers, especially in the US and Western Europe, were in lockdown, and commercial activity simply slowed at the end of the quarter.

“What’s important to note is that these deals were not lost, and projects have not been cancelled, but we did see a number of deals slip by a few weeks, many of which have since been closed.”

Midwich Acquires Nimans

Audiovisual distributor Midwich announced the acquisition of Nimans for £27.5m.

Nimans was founded in 1981 and turned over £114.3m in 2020, its most recent audited year.

Stephen Fenby, Midwich Group Managing Director, said:

“Midwich continues to grow its UC offering and Nimans brings further opportunities to the Group, in terms of skills in new product and technology areas, service offerings to the trade, a large new customer base and new vendor relationships.

“I believe that the combined skill sets and capabilities of Midwich and Nimans bring a unique offering into the market with the ability to provide complex solutions involving multiple technologies”

Nimans was acquired from its holding company Nycomm, with Midwich saying the acquisition includes all Nimans subsidiaries.

 

 



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