Who is buying Five9?

Zoom
Zoom said in July that it was acquiring Five9 in an all-stock purchase for $14.7 billion, its first billion-dollar-plus purchase and, at the time, the second-biggest tech deal of the year.

Who owns Five9 Inc?

Rowan Trollope
A major contributor to this article appears to have a close connection with its subject.

What company bought Zoom?

Five9
After experiencing enormous growth during the COVID-19 pandemic, Zoom has made its first major acquisition by purchasing cloud contact center company Five9 for $14.7 billion, it announced.

Who are Five9 competitors?

Top 10 Five9 Alternatives & Competitors

• Genesys Cloud CX.
• Talkdesk.
• NICE CXone.
• UJET.
• Genesys Multicloud CX.
• Genesys PureConnect.
• CloudTalk.
• RingCentral MVP.

What is Zoom buying?

Zoom announced on Sunday that it’s buying Five9, a provider of cloud contact center software, in an all-stock transaction valuing the company at $14.7 billion. The deal marks Zoom’s first billion-dollar acquisition and comes as the company prepares for a post-pandemic world with employees returning to the office.

How many customers does Five9 have?

2,000 customers
Five9 is an industry-leading provider of cloud contact center solutions, bringing the power of cloud innovation to more than 2,000 customers worldwide and facilitating billions of customer engagements annually.

Where is Five9 based?

Overview Suggest Edit

Is Zoom the market leader?

In the U.S., Zoom currently owns 60\% of the online videoconferencing market share and rising. Globally, Zoom handles about 300 million daily meeting participants. In that poll, Zoom was named the most popular virtual call/meeting platform in the world and ranked No. 1 in 44 of the 118 countries polled.

How much does Talkdesk cost?

Pricing for this provider isn’t published, but they do state that base plans with artificial intelligence start at $65 per month per agent. Let’s take a look at some of what’s included with each type of account.

Why are Zoom stocks going down?

Zoom Video Communications Inc (NASDAQ: ZM) shares are trading lower in possible reaction to positive data from Pfizer for its COVID-19 oral antiviral treatment candidate, which has weighed on remote work outlook. Weakness in remote fitness company Peloton could also pressure the space.

WHY IS Zoom stock price dropping?

Shares of Zoom closed down 14.71\% Tuesday after the video-chat company warned investors of a revenue growth slowdown, leading Wall Street firms to cut price targets on the stock. Zoom was one of the pandemic darlings, going from a relatively niche business software segment to a household product.

Is Five9 owned by Zoom?

Zoom, the videoconferencing company whose growth was supercharged by the pandemic over the past year, will buy the cloud call center company Five9 in an all-stock deal valued at about $14.7 billion The company said it’s acquiring Five9 for $14.7 billion in stock.

What does zoom’s $16 billion acquisition mean for the company?

The deal marks Zoom’s first billion-dollar acquisition and comes as the company prepares for a post-pandemic world with employees returning to the office. It’s the second-biggest U.S. tech deal this year, behind Microsoft’s planned $16 billion purchase of Nuance Communications, according to FactSet.

What happened to Five9?

The company said it’s acquiring Five9 for $14.7 billion in stock. Zoom, the videoconferencing company whose growth was supercharged by the pandemic over the past year, will buy the cloud call center company Five9 in an all-stock deal valued at about $14.7 billion.

What does the Five9 deal mean for Five9 shareholders?

The all-stock deal will give Five9 (FIVN) shareholders about 0.5 a share of Zoom’s Class A common stock for each Five9 (FIVN) share they own. Eric Yuan, Zoom’s billionaire CEO and founder, said the addition of Five9 was a natural fit.