This is confusing to me. RingCentral is doing reasonably well, but this deal seems like they're plowing all their cash and a lot of their stock valuation into Avaya.
I guess it makes sense if RingCentral is basically buying Avaya's customer list, but this looks like a guppy swallowing a whale: RingCentral is giving $500M to Avaya when their annual revenue is $800M. The stock part makes more sense - it is way up,
Biting the hand that feeds IT
