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SHOR on NASDAQ

ShoreTel

US telecommunications company

ShoreTel, Inc. was a telecommunications vendor providing unified communications for business. In 2017, the company was acquired by Mitel.3 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1996Founded1

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  • TickerSHOR on NASDAQ1
  • Industrytelecommunications1
  • HeadquartersSunnyvale1
  • Websitewww.shoretel.com
  • Legal formDelaware corporation1
  • Incorporated inCA5
  • Business address960 Stewart Drive, Sunnyvale, Ca 940855
  • Filer categoryAccelerated filer5
  • LEI549300CQR343NDOQIK504
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressC/O Incorporating Services, Ltd., 19901 Dover, United States4
  • Registered withDivision of Corporations, Department of State, 42512614

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ShoreTel, Inc. was a telecommunications vendor providing unified communications for business. In 2017, the company was acquired by Mitel.3

What it owns

What ShoreTel reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$80.6M7 Jun 30, 2017$71.0M7 Jun 30, 2016+13.6%
Accumulated depreciation$61.6M7 Jun 30, 2017$49.4M7 Jun 30, 2016+24.6%
Property and equipment, net$19.1M7 Jun 30, 2017$21.6M7 Jun 30, 2016−11.5%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$67.2M7 Jun 30, 2017$61.7M7 Jun 30, 2016+8.9%
Marketable securities, current$48.7M7 Jun 30, 2017$46.4M7 Jun 30, 2016+4.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$129.4M7 Jun 30, 2017$129.4M7 Jun 30, 20160%
Intangible assets, net (excluding goodwill)$12.1M7 Jun 30, 2017$18.8M7 Jun 30, 2016−35.7%
Finite-lived intangibles, gross$61.6M7 Jun 30, 2017$60.8M7 Jun 30, 2016+1.4%
Accumulated amortization$49.5M7 Jun 30, 2017$42.0M7 Jun 30, 2016+18.0%
Finite-lived intangibles, net$12.1M7 Jun 30, 2017$18.8M7 Jun 30, 2016−35.7%

Inventory

ItemLatestA year beforeChange
Inventory, total$11.6M7 Jun 30, 2017$12.5M7 Jun 30, 2016−6.9%
Raw materials$52.0K7 Jun 30, 2017$57.0K7 Jun 30, 2016−8.8%
Finished goods$9.4M7 Jun 30, 2017$10.8M7 Jun 30, 2016−12.8%

The story

In September 1996, ShoreTel was co-founded as Shoreline Teleworks by Edwin J. Basart and Mike Harrigan, both of whom were co-founders of Network Computing Devices.

In 1998, the company shipped its first products.

In April 2004, the company changed its name to ShoreTel.

On July 3, 2007, the company became a public company via an initial public offering.

On October 21, 2010, the company announced the acquisition of Agito Networks for approximately $11.4 million.

In 2012, the company acquired M5 Networks, based in New York City, for $146 million.

In August 2013, Don Joos became president and chief executive. He had joined ShoreTel in April 2011 from Avaya.

In August 2015, the company launched Connect Common UC Platform.

Read the full text

In January 2016, The company acquired Corvisa to provide SIP trunking and additional third-party application integration.

In February 2016, ShoreTel Connect Hybrid Sites was launched, a hybrid offering of on-premises and cloud services.

In August 2016, the company began looking into a sale of the company.

In September 2017, the company was acquired by Mitel for $530 million.

Mitel filed for Chapter 11 bankruptcy protection on March 10, 2025, listing assets and liabilities between $1 billion and $10 billion.

From Wikipedia’s article on ShoreTel, shared under CC BY-SA 4.0.6

Leadership

Who has led ShoreTel, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. John W. Combs2007–2010
  2. Peter Blackmore2010–2013
  3. Donald Joos2013–2017

Chair

  1. John W. Combs2007

President

  1. John W. Combs2007–2010
  2. Daniel P. Hoffman2012
  3. Keith Nealon2013

Chief financial officer

  1. Michael Healy2007–2017
200020052010201520202025
Board members and other officers (32)

Products and brands

Because of ShoreTel's diverse ecosystem, they had many products to fit the various needs of that workspace and the end facing user. Below are categories that each product fits into along with the product's model number. All Desk Phones with a "G" appended to the model number have a partner version with gigabit ethernet functionality. This excludes the IP485G & IP655 as it only has the G variant.

Servers ----

UC Server 20

UC Server 25

UC Server 30

Read the full text

Voice Switches (ShoreGear Appliances) ----

SA100

SA400

SG220T1

SG220T1a

SG24a

SG30

SG50

SG50v

SG90

SG90v

SGT1k

ST100a

ST100da-T1

ST1d-T1

ST200

ST24a

ST2d-T1

ST48a

ST500

ST50a

Desk Phones ----

IP100

IP110

IP115

IP210

IP212k

IP230G

IP265

IP420G (New Generation)

IP480G (New Generation)

IP485G (New Generation)

IP530

IP560G

IP565G

IP655G

Special Phones

IP930D, Cordless DECT, supports multiple phones on one base unit, optional extender unit available.

ShoreTel Dock, An IOS device holder that emulates a phone from a tablet or phone.

IP8000, Conference Phone

From Wikipedia’s article on ShoreTel, shared under CC BY-SA 4.0.6

Timeline

  1. Aug 13, 2013New chief executive Donald Joos becomes CEO8
  2. Dec 14, 2010New chief executive Peter Blackmore becomes CEO9
  3. Jun 27, 2007New chief executive John W. Combs becomes CEO10
  4. 1996Founded Founded1

SEC filer profile

How ShoreTel is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARShoreTel Inc2
  • CIK0001388133
  • Employer ID (EIN)77-04435682
  • Filer statusAccelerated filer2
  • Incorporated inCalifornia2
  • Fiscal year endsDecember 312
  • Industry code (SIC)3661 Telephone & Telegraph Apparatus2
  • Business address960 Stewart Drive, Sunnyvale, CA 940852
  • Phone408 331 33002
  • Shares outstanding69,152,947 as of Aug 24, 20177
  • Public float$482.8M as of Dec 31, 20167
  • On EDGAR sinceFeb 12, 20072
  • Filings988 in all: 4 (644), 8-K (106), 3 (39), 10-Q (30), SC 13G/A (20), UPLOAD (15), SC 13G (14), S-8 (12)2
    All 42 form types

    S-8 POS (12), 10-K (11), DEF 14A (11), 4/A (7), CORRESP (7), 8-K/A (5), S-1/A (5), SC TO-C (5), SC 14D9/A (4), SC TO-T/A (4), SD (4), ARS (3), SC TO-I/A (3), 3/A (2), EFFECT (2), S-1 (2), SC 13D (2), SC 13D/A (2), SC14D9C (2), 10-K/A (1), 10-Q/A (1), 15-12B (1), 25-NSE (1), 424B4 (1), 425 (1), 8-A12B (1), CERTNAS (1), FWP (1), POS AM (1), PRE 14A (1), RW (1), SC 14D9 (1), SC TO-I (1), SC TO-T (1)

  • Latest filingsAnnual report (10-K) Sep 8, 2017
    Quarterly report (10-Q) May 5, 2017
    Proxy statement (DEF 14A) Oct 7, 2016
    Latest 8-K (8-K) Sep 27, 2017

Sources

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