This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

8x8 And SoftBank Partner To Offer Virtualized Cloud Data Services

8x8, Inc. (NASDAQ: EGHT), provider of innovative, cloud-based business communications and computing solutions, and SoftBank Telecom Corp. (hereafter SoftBank) today announced that they have signed an agreement for SoftBank to license 8x8’s subscription-based “ Zerigo” enterprise cloud software.

The agreement calls for 8x8 to license its Zerigo software and to develop some additional related software for Softbank to provide virtual desktop interface (VDI) services to its customers in Japan and throughout the world. The combination of the Zerigo software and the new VDI software will enable SoftBank to offer a full suite of virtualized cloud services to its major enterprise customers using Vblock products from VCE, a leader in converged cloud infrastructure systems.

Initially, SoftBank will deploy these services in Japan, but plans to rapidly extend the roll out of services to the rest of Asia as well as Europe, the United States and other major markets throughout the world. SoftBank counts some of the world’s largest enterprises as customers for its award-winning services and it intends to market these new, innovative virtualized services to those same customers. The agreement provides 8x8 with development and installation fees as well as on-going license fees over an initial 36-month contract.

“8x8 is delighted to partner with SoftBank to deliver these valuable services to their business customers,” said 8x8 Chairman & CEO Bryan Martin. “SoftBank is one of the most agile, successful telecom service providers in the world and the speed at which they move matches 8x8’s similar culture of always leading rather than following the market.”

“SoftBank selected 8x8 after an extensive search of software providers based on 8x8’s clear commitment to quality, scalability and reliability as well as flexibility and cost competitiveness,” said Ken Miyauchi, Director of The Board, SoftBank Telecom Corp. “SoftBank is pleased to partner with such a nimble, Silicon Valley company whose culture mirrors our own and whose experience in delivering cloud services will be invaluable in helping us to rapidly deploy similar services in Japan. We expect our customers will be delighted with these new offerings and we look forward to expanding the available markets in the near future.”

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,084.49 +33.74 0.20%
S&P 500 2,014.89 +15.91 0.80%
NASDAQ 4,830.47 +19.6820 0.41%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs