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Analyst: Zoom Video Buyout Of Five9 Accelerates xCaaS Expansion
Monday, July 19, 2021 - 12:35pm | 441Five9 Inc (NASDAQ: FIVN) shares traded higher by 4.5% on Monday morning after Zoom Video Communications Inc (NASDAQ: ZM) announced a $14.7 billion takeover of Five9. What Happened? On Sunday, Zoom announced cloud software company Five9 will be its first-ever billion-dollar acquisition. As part of...
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LiveVox To Become Second CCaaS Public Company With SPAC Deal
Thursday, January 14, 2021 - 4:41pm | 440CCaaS LiveVox is going public with SPAC Crescent Acquisition Corp (NASDAQ: CRSA) in a deal valuing the company at $840 million. The SPAC Deal: Golden Gate Capital will own 59% of the company after the merger. Current Crescent Acquisition Corp shareholders will own 30% of the company after the...
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Fintech Focus For November 23, 2020
Sunday, November 22, 2020 - 6:01pm | 1864Quote To Start The Day: Life is made of ever so many partings welded together. Source: Charles Dickens One Big Thing In Fintech: The pandemic has seen incumbent financial services providers fight against disruption by individuals and startups thinking about new ways to innovate. Nasdaq is...