Thursday, 5 March, 2026
Zoom acquires cloud software provider Five9 for $15 bn
By Basit Ansari
<p>Zoom has completed the deal to buy cloud service provider Five9 for a sum of $14.7 bn closings in the first half of 2022. The aim of this deal is to target more business clients looking to boost customer engagement. Zoom is now shifting its focus on developing its cloud calling product Zoom Phone and conference-hosting product Zoom Rooms. This deal will add a $24 bn contact center market to help Zoom increase its presence.<br />
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Read full story at Business Today
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