UPDATE: Morgan Stanley Downgrades Five9, Inc (FIVN) to Equalweight, Following Acquisition
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Zoom to Acquire Five9
July 18, 2021 9:05 PM EDTThe combination of Zooms robust communications platform with Five9s intelligent cloud contact center will enable organizations to reimagine the way they engage with their customers
SAN JOSE, Calif. and SAN RAMON, Calif., July 18, 2021 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) today announced it has entered into a definitive agreement to acquire Five9, Inc. (NASDAQ: FIVN), a leading provider of the intelligent cloud contact center, in an all-stock transaction valued at approximately $14.7 billion. Combining Five9s Contact Center as a Service (CCaaS) solution with Zooms... More
Zoom to Acquire Five9
July 18, 2021 9:04 PM EDTSAN JOSE, Calif. and SAN RAMON, Calif., July 18, 2021 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) today announced it has entered into a definitive agreement to acquire Five9, Inc. (NASDAQ: FIVN), a leading provider of the intelligent cloud contact center, in an all-stock transaction valued at approximately $14.7 billion. Combining Five9s Contact Center as a Service (CCaaS) solution with Zooms broad communications platform will transform how businesses connect with their customers, building the customer engagement platform of the future.
The... More
