Zoom to buy cloud-based call center operator Five9 in $15 billion deal


FILE PHOTO: Small toy figures are seen in front of Zoom logo in this illustration picture taken March 15, 2021. REUTERS/Dado Ruvic/Illustration

(Reuters) -Zoom Video Communications Inc struck a $14.7 billion all-stock deal to buy cloud-based call center operator Five9 Inc in its largest-ever acquisition, as it looks to expand beyond its core video-conferencing services.

Zoom 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 socialize.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

GPS bracelet places 18-year-old at the scene of 11 different break-ins, US cops say
Cat hides in Amazon return package – then ends up in California 700 miles from home
Shopee: Be wary of SMS scams asking for your personal info
Analysis-Tesla's plan for affordable cars takes page from Detroit rivals
ByteDance prefers TikTok shutdown in US if legal options fail, sources say
Amazon’s Jeff Bezos, Andy Jassy deleted chats amid FTC antitrust probe
Samsung faces Pakistan smartphone shortage after winning debut
Athletic director used AI to frame principal with racist remarks in fake audio clip, US police say
US reinstates open Internet rules rescinded under Trump
L3Harris raises top end of 2024 adjusted earnings outlook amid global tensions

Others Also Read