8x8 Inc. (EGHT) expands its cloud porfolio by acquiring privately-held Contactual Inc. in an...

|By:, SA News Editor

8x8 Inc. (EGHT) expands its cloud porfolio by acquiring privately-held Contactual Inc. in an all-stock transaction not to exceed 6.7M shares of 8x8's common stock. 8x8 has been successfully reselling Contactual's call center technologies as part of its business communications services since 2007. Shares +2.3% AH.