A woman on a Zoom call. Photo:: Shutterstock
A woman on a Zoom call. Photo:: Shutterstock

Zoom to pay US$14.7 billion to buy Five9 to shore up video calls as work-from-home becomes the new norm in age of the pandemic

  • Zoom will use its surging stock to pay for the deal, giving Five9 investors 0.5533 shares of its class A common stock
  • The target firm will become an operating unit of Zoom’s after the deal, which is subject to shareholder approval and slated to close in the first half of 2022

Topic |   Mergers & Acquisitions
A woman on a Zoom call. Photo:: Shutterstock
A woman on a Zoom call. Photo:: Shutterstock
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