Videoconferencing giant Zoom Video Communications and cloud-based contact center software company Five9 have agreed to terminate their merger agreement, the companies said Thursday afternoon. The merger didn’t receive enough votes from Five9 shareholders, according the companies, and the company will continue to operate as a stand-alone publicly traded company.
“The contact center market remains a strategic priority for Zoom, and we are confident in our ability to capture its growth potential,” said Eric Yuan, CEO and founder...
Zoom Acquisition of Five9 Collapses After Shareholders Vote it Down - Barron's
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