Alcatel-Lucent Enterprise and RingCentral, Inc. have announced that they have entered into a strategic partnership to introduce a new co-branded cloud solution – Rainbow Office powered by RingCentral – that will be unique and exclusive for Alcatel-Lucent Enterprise.
Under the partnership, RingCentral and Alcatel-Lucent Enterprise will jointly develop programmes enabling both companies to lead the cloud communications services for the enterprise market.
“We are excited to partner with Alcatel-Lucent Enterprise and to bring our industry-leading cloud communications solutions to their customers and partners,” said Vlad Shmunis, founder, chairman and CEO of RingCentral. “Alcatel-Lucent Enterprise’s strong presence in Europe and beyond will enhance our ability to jointly enable customers and partners accelerate their migration to cloud communication solutions in these markets.”
Jack Chen, CEO of Alcatel-Lucent Enterprise, added, “Customers demand agile, robust and secured cloud communication and collaboration solutions in today’s high-speed technology world. For our customers and partners, this strategic partnership enables us to offer them a wider choice of technology-leading cloud solutions, to comprehensively cover their business needs.”
Rainbow Office powered by RingCentral will be available in the first quarter of 2021. Under the commercial agreement, both companies will contribute resources towards development and sales & marketing of the product. RingCentral will pay Alcatel-Lucent Enterprise $100 million in cash for exclusive access, a minimum seat commitment, and future commissions.