PE-Backed Mitel Acquires prairieFyre Software for $20M

Ottawa-based Mitel Networks Corp. has acquired for approximately $20 million its supplier prairieFyre Software Inc., an Ottawa company focused on contact center, business analytics, and workforce optimization software. Mitel, a publicly-listed provider of communications software, has since 2007 been backed by U.S. technology-focused private equity firm Francisco Partners. The company is also backed by Canadian private equity firm Wesley Clover International Corp.

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