Zoom’s $14.7-Billion Deal with Five9 Put On Mute
In July, video conferencing mainstay Zoom announced that it was stepping into its first major acquisition buying cloud call centre service provider Five9 for $14.7-billion in an all-stock transaction. The deal was supposed to be finalised within “the first half of 2022.” Now, CNBC reports that Zoom’s agreement with Five9 has fallen through after Five9’s shareholders rejected the deal….