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SAN RAMON, Calif .– (COMMERCIAL THREAD) – Five9, Inc. (NASDAQ: FIVN), a leading provider of intelligent cloud contact center, today announced that its merger agreement with Zoom Video Communications, Inc. (NASDAQ: ZM) has been terminated by mutual agreement. The deal did not receive the required number of votes from Five9 shareholders to approve the merger with Zoom. Five9 will continue to operate as a stand-alone listed company.
Zoom and Five9 will continue the partnership that was in place prior to the announcement, which includes supporting integrations between their respective Unified Communications as a Service (UCaaS) and Contact Center as a Service (CCaaS) solutions and joint implementation efforts. on the market. .
In a separate press release available in the Investor Relations section of the company’s website at http://investors.five9.com/, Five9 highlighted its solid foundation and the significant opportunities ahead as a stand-alone company. .
About Five9
Five9 is a leading provider of cloud contact center solutions, bringing the power of cloud innovation to more than 2,000 customers worldwide and facilitating billions of customer engagements every year. The Five9 Intelligent Cloud Contact Center provides digital engagement, analytics, workflow automation, workforce optimization, and hands-on AI to help customers reinvent their customer experience. Designed to be reliable, secure, compliant and scalable, the Five9 platform helps increase agent and supervisor productivity, connect the contact center to the business, and ultimately drive tangible business results. including increased revenue and increased customer trust and loyalty.
For more information, visit www.five9.com.
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