Zoom to acquire cloud contact center provider Five9 for $14.7B
SHARE Zoom Video Communications Inc. late today announced that it has entered a deal to acquire cloud contact center provider Five9 Inc. in an all-stock transaction valued at $14.7 billion. Founded in 2001, Five9 offers cloud software for the enterprise contact center market with a software-as-a-service platform that has seen rapid growth over the last year thanks to the COVID-19 pandemic. Designed to help organizations move operations from legacy on-premise data centers to the cloud, the company pitches its offering as providing business reliable, secure, compliant and scalable cloud contact...