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8x8 Inc. Message Board

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  • ijwbhh ijwbhh Jan 31, 2013 4:51 PM Flag

    AT&T announces RingCentral

    it all leads to EGHT getting bought for $10+. that makes sense to me.

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    • Not sure a buyout would happen, but if it were for $10 with a 72M share float, it could be done foe less than a billion. Kind of a bargain in today's market. Don't think it is in the cards, though...

      • 1 Reply to matty0454
      • Matty --

        The only buyout for 8x8 that I could see from a major player might come from a Comcast -- they really don't have a competitive product in the SMB space. Problem is that 8x8 is simply too small for a giant to go through the acquisition hoops for 8x8. More likely would be a partnership arrangement like T did with Ring Central. On the other hand, traditional players like Staples, Office Max, Radio Shack, or Best Buy might see 8x8 as a strategic asset in the SMB space. But, Office Max had 8x8 in their stores a few years ago and the stuff hardly sold at all. So, my guess is no buyers unless some hedgie wanted to play in the space...

        All the very best,
        Don

 
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