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Zoom Will Acquire Five9
Zoom will acquire Five9. This transaction will be recorded as Zoom's first billion-dollar acquisition. Here are the details..
Yazar: Eylem Özer
Yayınlanma: 19 Temmuz 2021 13:37
Güncellenme: 23 Kasım 2024 09:48
Zoom Will Acquire Five9
Zoom will acquire Five9. This transaction will be recorded as Zoom's first billion-dollar acquisition.
Preparing for the aftermath of the coronavirus outbreak, Zoom announced on Sunday that it agreed to buy Five9 for $14.7 billion. The deal was recorded as the second largest technology deal in the US this year. Zoom CEO Eric Yuan said: "We are constantly looking for ways to improve our platform. By acquiring Five9, we will deliver greater satisfaction and greater value to our customers." Five9's market cap on Friday was $11.9 billion, or $177.60 per share. Zoom announced that Five9 shareholders will receive 0.5533 shares of Zoom Video Communications for each share. Growing 326 percent in 2020, Zoom's growth rate is expected to slow down as companies start to open.İLGİLİ HABERLER
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