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Zoom Video Communications Inc (NASDAQ: ZM) said on Sunday it is buying cloud-based contact center software provider Five9 Inc (NASDAQ: FIVN) for $14.7 billion in an all-stock deal that will help it boost its presence beyond video chat. What Happened: Zoom’s first mega-billion acquisition will see Five9 shareholders receive 0.5533 shares of Class A common stock of Zoom for each share of Five9.
...read full article on Benzinga
