Zoom to buy cloud software provider Five9 in $15 bln deal
The Hindu
It is now shifting focus to its two-year-old cloud-calling product Zoom Phone and conference-hosting product Zoom Rooms.
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 more business clients looking to boost customer engagement, it said on Sunday. (Subscribe to our Today's Cache newsletter for a quick snapshot of top 5 tech stories. Click to subscribe for free.) The teleconferencing services provider has become a household name and investor favorite in the year since the coronavirus pandemic,
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