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8x8, Inc. (EGHT) to Acquire DXI Ltd. in GBP 16.5M Deal

May 27, 2015 6:22 AM EDT

8x8, Inc. (NASDAQ: EGHT) announced the company has signed a definitive agreement to acquire privately-held DXI Ltd., a UK-based leader and innovator in cloud-based outbound and blended contact center solutions, for £16.5 million in cash and stock with a portion of the purchase price being paid out over four years. The transaction is expected to close before the end of the month. 8x8 plans to bring DXI services and solutions to the U.S. market by the end of 2015.

DXI is an innovative solution provider in the contact center market. EasyContactNow, DXIs product,... More