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Feb 6, 2012
"Being in the fast-paced competitive
8x8 was founded in 1987 by Dr.
"8x8 has operated at the speed of technology, constantly keeping pace with the online and digital age we live and work in," said Martin. "We've not only been able to create innovative products such as our Virtual Office hosted PBX phone service, we've also been able to continuously update those offerings with adjunct services like Virtual Office Mobile and
In recent years, 8x8 has made several key acquisitions cementing the company's leadership into the cloud. In 2010, 8x8 acquired server hosting company, Central Host, allowing 8x8 to offer managed hosting services and cloud-based computing solutions to business customers. 2011 saw two more acquisitions beginning with Zerigo, which expanded the hosting portfolio with cloud servers, virtual private servers, geographically aware DNS and full IPvS support. This was followed by the acquisition of Contactual, a cloud-based call center interaction management solutions company.
25 years and more than 25,000 businesses subscribing to its services, 8x8 continues to innovate as a leader in cloud-based voice and video communications with no sign of slowing down. "We've seen a lot in 25 years," said Martin. "Smartphones, the modern Internet and social media weren't even around when we began. We saw the dot com boom, survived the dot com bust and have emerged from the Great Recession with our stock up significantly. Now we're bringing SMB's, enterprises and government agencies into the cloud. As the next 25 years get underway, the sky's the limit for 8x8."
8x8 Highlights and Milestones:
| 1987 -- | 8x8 founded under the name Integrated Information Technology |
| 1990 -- | Company establishes itself as a leading manufacturer of semiconductors used in |
| embedded videoconferencing and videophone products | |
| 1990 -- |
|
| CEO in 2002 | |
| 1992 -- | Patented Vision Processor Chip chosen by AT&T for use in next generation |
| Picturephone videophone | |
| 1994 -- | Developed the Video Compression Processor (VCP) chip which obtained 90% |
| share of the videoconferencing market | |
| 1996 -- | Developed and marketed its first consumer videophone for regular phone lines |
| under the ViaTV brand name | |
| 1997 -- | 8x8 goes public and shortly after develops a family of Voice over Internet |
| Protocol (VoIP) chips and software | |
| 2002 -- | 8x8 begins offering VoIP service direct to consumers under the Packet 8 Brand |
| name, and quickly grows to become the second largest standalone VoIP services | |
| provider in the industry | |
| 2004 -- | 8x8 launches the first VoIP E-911 service; introduces DV326 Desktop Consumer |
| VideoPhone and 8x8 Virtual Office hosted PBX phone system | |
| 2007 -- | 8x8 Virtual Office ranked #1 hosted VoIP phone system choice by U.S. based |
|
small and medium sized businesses by telecom research firm |
|
| 2009 -- | 8x8 expands business telephony offerings into unified communications and |
| introduces 8x8 Virtual Meeting web conferencing service | |
| 2010 -- | 8x8 launches Virtual Office Mobile iPhone app and Virtual Office Pro unified |
| communications solution for businesses; acquires managed hosting service | |
| provider Central Host | |
| 2011 -- | Reaches milestone of over 25,000 business subscribers; acquires cloud hosting |
| service provider Zerigo and cloud contact center provider Contactual; introduces | |
|
flat-rate |
|
| 2012 -- |
Announces record quarterly revenue of |
|
increase) and net income of |
About 8x8
CONTACT:Source:Joan Citelli (408) 654-0970 jcitelli@8x8.com
News Provided by Acquire Media
