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Subsequent Event
12 Months Ended
Dec. 31, 2017
Subsequent Events [Abstract]  
Subsequent Event

Note 17. Subsequent Event

 

On January 16, 2018, the Company closed a transaction with AT&T to allow the Company to transition the existing customer base for RingCentral Office@Hand solution, for which AT&T acted as a reseller, directly to the Company, for a total purchase consideration of up to $26 million. The transition of the customer base is expected to be completed over a period of one year from the close of the transaction. The Company has also entered into a transition services agreement for a period of one year to transition these customers. The transaction will be accounted for as an asset acquisition and the Company expects to allocate majority of the purchase consideration to customer relationship intangible asset.