Zoom is also the focus of several ongoing federal investigations related to its dealings with Beijing, according to the Journal. In 2020, the United States charged a China-based Zoom executive with conspiring to disrupt videoconference commemorations of the 1989 Tiananmen Square democracy protests. government has been increasing its scrutiny of Zoom on several fronts. The panel’s focus was mainly on Zoom’s ties to China. Department of Justice-led panel, named Team Telecom, was investigating the proposed merger’s potential national security risks. Earlier in September, The Wall Street Journal reported that a U.S. The company said that the agreement had not received the required number of votes from Five9 shareholders to approve the merger. Get the latest Zoom Video Communications Inc (ZM) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. 30, 2021, Five9 announced that the two parties had mutually agreed to abandon the deal.

Five9 shareholders were to receive 0.5533 share of Zoom Class A common stock for each share of Five9 Inc.Īs mentioned above, on Sept.

in an all-stock transaction valued at roughly $14.7 billion. Prices advertised are sub L ble for any typographical errors.RnrtyZoomIlSOO. On July 18, 2021, Zoom announced that it had agreed to acquire cloud contact center solutions company Five9 Inc.

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