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Zoom to buy cloud software provider Five9 in $15b deal

    Reuters Published: 19 Jul 2021 10:37 AM BdST Updated: 19 Jul 2021 10:37 AM BdST Small toy figures are seen in front of Zoom logo in this illustration picture taken March 15, 2021. REUTERS Zoom Video Communications Inc has agreed to buy cloud software provider Five9 Inc in an all-stock deal worth about $14.7 billion to target business clients looking to boost customer engagement, it said on Sunday. ); } The teleconferencing services provider has become a household name and investor favourite in the year since the coronavirus pandemic, as businesses and schools adopted its services to hold virtual classes, office meets and socialise. The San Jose, California-based company is now shifting focus to its two-year-old cloud-calling product Zoom Phone and conference-hosting product Zoom Rooms as bigger players Facebook  and Alphabet s Google amp up their video products.

Zoom to buy cloud-based call center operator Five9 in $15 billion deal

Zoom to buy cloud-based call center operator Five9 in $15 billion deal 07/19/2021 4:52 (Reuters) -Zoom Video Communications Inc announced a $14.7 billion all-stock deal to buy cloud-based call center operator Five9 Inc in its largest-ever acquisition, as competition intensifies in its core videoconferencing sector. The teleconferencing services provider has become a household name and investor favorite in the year since the coronavirus pandemic, as businesses and schools adopted its services to hold virtual classes, office meets and socialise. The San Jose, California-based company is now shifting focus to its two-year-old cloud-calling product Zoom Phone and conference-hosting product Zoom Rooms as bigger players Facebook and Alphabet s Google amp up their video products.

Zoom to Acquire Five9 | News Makers

Zoom to Acquire Five9 | News Makers
newsmakers.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsmakers.pk Daily Mail and Mail on Sunday newspapers.

Zoom to buy cloud-based call centre operator Five9

Zoom to buy cloud-based call centre operator Five9
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