Zoom’s second act? A $14.7 billion deal for Five9’s call-center tech.
1 min readPhoto caption: Under CEO Eric Yuan, Zoom is expanding its offerings. | Photo: Kena Betancur / Getty Images. Article by Joe Williams. Protocol – July 19, 2021.
The combined entity is poised to compete aggressively in the rush by enterprises to digitize their call centers.
Zoom is doubling down on the enterprise in a big way.
Its proposed $14.7 billion, all-stock purchase of Five9 gives the teleconferencing provider a huge presence in the customer service industry, a market in upheaval as companies rush to digitize and automate the human-centric processes of the past, as well as begin to use their call centers to build digital replicas of customers and enable more targeted marketing. […]