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Zoom to Buy Five9 for $14.7 Billion to Shore Up App - Vimarsana News

Zoom to Buy Five9 for $14.7 Billion to Shore Up App

Zoom to Buy Five9 for $14.7 Billion to Boost Post-Covid Growth Bloomberg 5 hrs ago Edwin Chan and Dina Bass (Bloomberg) -- Zoom Video Communications Inc., whose online conferencing services took off during the Covid-19 pandemic, agreed to acquire Five9 Inc. for $14.7 billion, using its surging stock to expand into an adjacent market that could bolster revenue as lockdowns end. Popular Searches The value of the all-stock offer is $200.18 a share based on the closing price for Zoom’s common stock on Friday, compared with Five9’s $177.60 price on Friday, the companies said ...

Source: msn.com
Indian Morning Briefing: Asian Markets Mostly Lower at Start of the Week - Vimarsana News

Indian Morning Briefing: Asian Markets Mostly Lower at Start of the Week

Provided by Dow Jones Jul 19, 2021 3:15 AM UTC GLOBAL MARKETS DJIA 34687.85 -299.17 -0.86% Nasdaq 14427.24 -115.90 -0.80% S&P 500 4327.16 -32.87 -0.75% FTSE 100 7008.09 -3.93 -0.06% Nikkei Stock 27587.01 -416.07 -1.49% Hang Seng 27481.41 -523.27 -1.87% Kospi 3238.40 -38.51 -1.18% SGX Nifty* 15697.50 -239 -1.50% *July contract USD/JPY 109.90-91 -0.15% Range 110.10 109.85 EUR/USD 1.1803-06 -0.01% Range 1.1816 1.1799 CBOT Wheat Sept $6.924 per bushel Spot Gold $1,813.84/oz 0.2% Ny...

Zoom to Buy Five9 for $14.7 Billion to Boost Post-Covid Growth - Vimarsana News

Zoom to Buy Five9 for $14.7 Billion to Boost Post-Covid Growth

Zoom Bets on AI with $14.7 Billion Deal to Acquire Five9 Bloomberg 9 hrs ago Edwin Chan and Dina Bass (Bloomberg) -- Zoom Video Communications Inc., whose online conferencing services took off during the Covid-19 pandemic, agreed to acquire Five9 Inc. for $14.7 billion, using its surging stock to expand into an adjacent market that could bolster revenue as lockdowns end. The value of the all-stock offer is $200.18 a share based on the closing price for Zoom’s common stock on Friday, compared with Five9’s $177.60 price on Friday, the companies said a statement Sunday. The...

Source: msn.com