Internet

tennis us shop,betfair app sportsbook,foot gool

Small toy figures are seen in front of the Zoom logo in this illustration picture.   | Photo Credit: Reuters

Five9 Inc shareholders voted down on Thursday fancy betta ,the call centre software firm's .7 billion sale to Zoom Video Communications Inc, scuttling what would have been the virtual conferencing giant's biggest-ever acquisition.

(Sign up to our Technology newsletter, Today's Cache, for insights on emerging themes at the intersection of technology, business and policy. Click here to subscribe for free.)

The development comes after proxy advisory firm Institutional Shareholder Services earlier this month recommended Five9 shareholders vote against the deal, citing growth concerns.,free online roulette practice game

"The agreement did not receive the requisite number of votes from Five9 shareholders to approve the merger with Zoom," San Ramon, California-based Five9 said on Thursday.,jozef kovalik

"Five9 will continue to operate as a standalone publicly traded company.",villarreal cf

Also read | Zoom buys German AI translation company,free slots no deposit keep winnings

Zoom became a household name and an investor favourite in the year since the pandemic, as businesses and schools adopted its services to hold virtual classes and office meets.,bet now online

But with rapid vaccination and life creeping back to normal, Zoom was looking to rake in revenue beyond its core video conferencing business that faces stiff competition from rivals Microsoft Corp, Cisco Systems Inc and Salesforce's Slack.,football positions uk

soccernet bpl,Last week, analysts said the deal may be delayed by a U.S. Justice Department-led committee review but was unlikely to be scrapped.

A U.S. Justice Department-led committee was also reviewing Zoom's proposed all-stock deal to buy Five9,bonanza megaways free play , according to a letter filed with U.S. regulators.

best gamblers,The Aug. 27 letter filed with the Federal Communications Commission said the Committee for the Assessment of Foreign Participation in the United States Telecommunications Services Sector was reviewing to see if the deal "poses a risk to the national security or law enforcement interests".

Zoom's connection with China has been scrutinised in recent years. In December, U.S. prosecutors charged a former China-based Zoom executive with disrupting video meetings commemorating the 31st anniversary of the Tiananmen Square crackdown at the request of the Chinese government.,dafabet exchange apk

livescore live,Five9 presented an attractive means to bring to our customers an integrated contact centre offering, Zoom CEO Eric Yuan said on Thursday.

casino games for fun,"That said, it was in no way foundational to the success of our platform nor was it the only way for us to offer our customers a compelling contact centre solution," Yuan added.

Also read | free roulette games to play online ,Zoom reaches million settlement over user privacy, ‘Zoombombing’

Five9 said it would continue the partnership with Zoom that was in place prior to the announcement.,jozef kovalik

cricket bazar,Five9's shares, which gained as much 19.3% since the deal was announced in July, fell 1.3% to 7.70 in extended trading.

tennis tv help,Five9, whose call centre software is used by more than 2,000 clients across the globe to interact with their clients, counts firms such as Under Armour, Lululemon Athletica Inc and Olympus Corp as customers.


Our code of editorial values

This article is closed for comments.
Please Email the Editor

Printable version | Oct 26, 2021 11:47:09 AM | http://fasttag.co.in/sci-tech/technology/internet/zoom-five9-mutually-agree-to-terminate-nearly-15-billion-all-stock-deal/article36769596.ece ,free casino online

Next Story
webmaps