Zoom Video's (ZM) plans to diversify revenue sources beyond its video conferencing business suffer a blow as it and Five9 cancel $14.7 billion deal.
Zoom is forecasting 31% top line growth. No wonder its stock is down some 56% from its peak last October.

Analysts Laud Five9 Post Zoom Deal Termination

08:51am, Friday, 01'st Oct 2021
Five9 Inc (NASDAQ:FIVN) shareholders vetoed Zoom Video Communications Inc's (NASDAQ:ZM) $14.7 billion deal to acquire the customer-service software company. Canaccord Genuity analyst David Hynes
A slump in Zoom Video Communications Inc's share price likely limited its ability to sweeten a nearly $15 billion all-stock offer for call center software firm Five9 and led to the deal's collapse, Wa
Zoom Video Communications, Inc. and Five9, Inc.

Zoom's $14.7B Deal To Acquire Five9 Falls Through

09:14pm, Thursday, 30'th Sep 2021
Five9 Inc (NASDAQ: FIVN) shareholders on Thursday shot down Zoom Video Communications Inc's (NASDAQ: ZM) $14.7 billion deal to acquire the customer-service software company. What Happened: The deal fa
The deal was under investigation by a U.S. government committee over concerns about Zoom's ties to China.
(Reuters) -Zoom Video Communications Inc's $14.7 billion deal to buy cloud-based call center operator Five9 Inc has been mutually terminated, the companies said on Thursday, scuttling the video confer
Zoom Video Communications Inc. and Five9 Inc. called off their multibillion-dollar merger Thursday, after Five9 shareholders voted against a deal that was being investigated by the U.S. Department of
SAN RAMON, Calif.--(BUSINESS WIRE)--Five9, Inc. (NASDAQ:FIVN), a leading provider of the intelligent cloud contact center, today highlighted its strong foundation and the significant opportunity ahead
SAN RAMON, Calif.--(BUSINESS WIRE)--Five9, Inc. (NASDAQ: FIVN), a leading provider of the intelligent cloud contact center, today announced that its merger agreement with Zoom Video Communications, In

Five9 Named a 2021 UK's Best Workplace™ in Tech

05:30am, Thursday, 30'th Sep 2021
LONDON--(BUSINESS WIRE)-- #UKBestWorkplacesInTech--Five9 has been named a 2021 UK's Best Workplace ™ in Tech.
SAN RAMON, Calif.--(BUSINESS WIRE)-- #AI--Five9 announced today that it has received a 2021 Best of Enterprise Connect Award for Best Application of Artificial Intelligence (AI).
Zoom Video Communications Inc's (NASDAQ: ZM) deal to buy customer-service software company Five9 Inc (NASDAQ: FIVN) is being investigated by a U.S. Department of Justice-led panel over the former's 
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