Mitel has risen to the top spot among the list of highest climbers in this year’s edition of the Financial Post 500 (FP500), the definitive ranking of Canada’s top companies by revenue.
Mitel, a leader in business communications since 1973, completed a $729 million acquisition of U.S.-based Inter-Tel Inc on August 16, 2007, creating a, market leader in the global IP communications industry, including leadership in the fast growing SMB sector of the market.
The Mitel portfolio boasts industry-leading systems, a comprehensive phone portfolio ranging from cost-effective entry level phones to full-featured IP sets, and flexible unified applications including messaging, audio and web conferencing, and mobility solutions that are in high demand by SMBs and enterprise customers. Mitel has tailored solutions that scale from the micro (<5 users), small (<50 users), medium (<1,000), and large enterprises (>1,000) to address the larger or distributed organization with up to 65,000 users in a network.
Through its acquisition of U.S.-based Inter-Tel and its presence in the hot IP communications market, Mitel gained 189 positions in the FP500 leaping ahead of companies such as Boeing Canada, Martinrea, Lundin, and AutoCanada Income Fund. The full profile story can be found here.
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