It is now shifting focus to its two-year-old cloud-calling product Zoom Phone and conference-hosting product Zoom Rooms as bigger players Facebook and Alphabet’s Google amp up their video products.
has agreed to buy cloud software provider Five9 Inc in an all-stock deal worth about $14.7 billion to target more business clients looking to boost customer engagement, it said on Sunday. 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.
