---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-324526"
form_type: "8-K"
ticker: "RNG"
cik: "0001384905"
company_name: "RingCentral, Inc."
filed_at: "2021-11-09T23:59:59+00:00"
generated_at: "2026-06-28T10:34:14.132383+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# RingCentral acquires Mitel CloudLink IP for $650M, becomes exclusive UCaaS partner; Searchlight invests $200M

## Summary
- RingCentral pays $650M ($300M cash, ~$300M stock, up to $50M holdback) for CloudLink and MiCloud Connect IP from Mitel.
- RingCentral becomes Mitel's exclusive UCaaS provider; Mitel sells RingCentral MVP to its 35M+ user base.
- Affiliate of Searchlight invests $200M in RingCentral Series A Convertible Preferred Stock (conversion price $269.22).
- CloudLink technology enables Mitel on-prem PBX users to integrate with RingCentral MVP, providing a seamless migration path.
- Multi-year Framework Agreement; RingCentral to pay Mitel compensation in cash and/or Class A common stock for sales.

## SEC filing metadata
- accession: 0001193125-21-324526
- form_type: 8-K
- ticker: RNG
- cik: 0001384905
- company_name: RingCentral, Inc.
- filed_at: 2021-11-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1384905/000119312521324526/0001193125-21-324526-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1384905/000119312521324526/d440055d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-324526
- JSON: https://secwatch.observer/filing/0001193125-21-324526.json
- Plain text: https://secwatch.observer/filing/0001193125-21-324526.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.