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


Reuters
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Small toy figures are seen in front of Zoom logo in this illustration picture taken March 15, 2021. REUTERS/Dado Ruvic/Illustration
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July 18 (Reuters) - Zoom Video Communications Inc (ZM.O) announced a $14.7 billion all-stock deal to buy cloud-based call center operator Five9 Inc (FIVN.O) 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 (FB.O) and Alphabet s (GOOGL.O) Google amp up their video products. ....

Rowan Trollope , Kanishka Singh , Clarence Fernandez , Thomson Reuters Trust Principles , Video Communications Inc , Zoom Phone , Zoom Rooms , Zoom Class , Thomson Reuters Trust , கணிஷிக் சிங் , தெளிவு பெர்னாண்டஸ் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , காணொளி தகவல்தொடர்புகள் இன்க் , ஸூம் தொலைபேசி , ஸூம் அறைகள் , ஸூம் வர்க்கம் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ,

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.
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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. ....

United States , Rowan Trollope , Cisco Systems Inc , San Jose , Zoom Phone , Zoom Rooms , Zoom Class , Microsoft Teams , ஒன்றுபட்டது மாநிலங்களில் , சிஸ்கோ அமைப்புகள் இன்க் , சான் ஜோசே , ஸூம் தொலைபேசி , ஸூம் அறைகள் , ஸூம் வர்க்கம் , மைக்ரோசாஃப்ட் அணிகள் ,

Zoom to buy Five9 in $15-billion deal


Zoom Video Communications has announced a US$14.7-billion all-stock deal to buy cloud-based call centre operator Five9 in its largest-ever acquisition, as competition intensifies in its core video-conferencing sector.
Zoom 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 Google amp up their video products.
Shares in Zoom, which went public in 2019, rose 1.4% to $361.97 on Friday, valuing the company at around $106-billion ....

United States , Chris Montgomery Unsplash , Rowan Trollope , Kanishka Singh , Video Communications , Olympus Corp , Lululemon Athletica , San Jose , Zoom Phone , Zoom Rooms , Under Armour , Cisco System Webex , Microsoft Teams , ஒன்றுபட்டது மாநிலங்களில் , கணிஷிக் சிங் , காணொளி தகவல்தொடர்புகள் , ஒலிம்பஸ் கார்ப் , ளுலுளெமொந் தடகள , சான் ஜோசே , ஸூம் தொலைபேசி , ஸூம் அறைகள் , கீழ் கவசம் , மைக்ரோசாஃப்ட் அணிகள் ,