Mitel Networks Corp. (MITL)(MNW.TO), a provider of cloud and premises-based unified communications software solutions, Monday closed the acquisition of one of its key suppliers, prairieFyre Software Inc. The net cash cost to Mitel for the acquisition is about $20 million.
prairieFyre is a privately held provider of contact center, business analytics, and workforce optimization software and services. The deal is expected to be accretive in the first year.
prairieFyre is an original equipment manufacturer that has supplied Mitel with its existing contact center solution. The deal is expected to further strengthen Mitel's position in the growing contact center market.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.