RingCentral potential combination with 8×8 make sense, analyst says (NYSE:RNG)


A RingCentral (NYSE:RNG) acquisition of 8×8 (NASDAQ:EGHT) makes sense, according to a Piper Sandler analyst, after an investor indicated he had stakes in both companies and planned to meet with the management teams. Ring Central jumped 19%, while 8×8 soared 15%.

8X8 headquarters in Silicon Valley

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The analyst

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