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

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

19/07/2021 01:56 PM | Click to read full article

Zoom Video Communications Inc announced a $14.7 billion all-stock deal to buy cloud-based call center operator Five9 Inc in its largest-ever acquisition, as competition intensifies in its core video conferencing sector.

The teleconferencing services provider 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 socialise.