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ShoreTel prices at $9.50 after delay

ShoreTel, a provider of IP telecommunications systems for enterprises, announced the pricing of its IPO on Tuesday. Pricing had originally been announced on June 27 at $10.50 per share, but the offering was then delayed after competitor Mitel sued the company...read more

Enterprise IP phone systems vendor ShoreTel prices IPO at $10.50 a share, top of its range

ShoreTel, a leading provider of IP phone systems mostly to small and mid sized enterprises, priced its 7.9 million share offering at $10.50 per share, the high end of its $8.50-$10.50 range. The Sunnyvale, CA based company has seen its revenues triple from...read more

ShoreTel announces terms

ShoreTel, a leading provider of IP telecommunications systems for enterprises, filed an amended S-1 registration form with the SEC on Monday. ShoreTel plans to offer 7.9 million shares at a price range of $8.50-$10.50. If priced at the midpoint, the company's...read more

IP telecommunications systems provider ShoreTel files for IPO

ShoreTel, a leading provider of IP telecommunications systems for enterprises, filed for an IPO on Monday. Lehman Brothers and J.P. Morgan will be the lead managers on the deal. Terms and timing are yet to be announced....read more

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