Tag: Five9

Here you will find all the articles with the tag: Five9.

Five9 shareholders reject Zoom acquisition offer

Five9 shareholders reject Zoom acquisition offer

National security concerns scuttled the proposed deal. Zoom and Five9 have mutually terminated the merger agreement executed by the parties in July. Both Five9 and Zoom have issued statements saying that the acquisition deal was terminated by mutual agreement. Zoom issued a matter of fact st... Read more

date3 years ago
Zoom’s deal to buy Five9 comes under scrutiny by U.S.

Zoom’s deal to buy Five9 comes under scrutiny by U.S.

The U.S. Department of Justice worries about Zoom's ties with China. A Justice Department-led panel is investigating Zoom's deal to buy Five9, an American customer-service software company. As grounds for the investigation, the DOJ cites potential national-security risks posed by ... Read more

date3 years ago
Zoom enters all-stock deal to acquire Five9 for $14.7 billion

Zoom enters all-stock deal to acquire Five9 for $14.7 billion

Zoom Video Communications announced late Sunday that it had made a deal to acquire Five9 Inc, a cloud contact centre provider, in an all-stocks transaction worth $14.7 billion. Five9 was founded in 2001 and provided the enterprise contact centre market with a software-as-a-service platform, whic... Read more

date3 years ago