Zoom’s nearly $ 15 billion deal for Five9 as part of US government review of relations with China

A panel led by the Department of Justice is investigating Zoom Video Communications Inc.’s deal to buy a US customer service software company, citing potential national security risks posed by the US video conferencing giant’s ties to China.

The department said the interagency committee, known as Team Telecom, was to review a license application stemming from the San Jose, Calif.,-Based company’s nearly $ 15 billion deal to buy Five9 Inc. “security or law enforcement interests” of the United States, according to a letter posted on the Federal Communications Commission website. The ministry said there could be a risk of “foreign connections and ownership” associated with the request.