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Five9 is considering a sale two years after failed Zoom deal: report

Clyde Edgerton by Clyde Edgerton
December 4, 2023
in Markets
Five9 is considering a sale two years after failed Zoom deal: report
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Shares of Five9 Inc.
FIVN,
+9.01%
popped nearly 10% Monday following a report the call-center software provider is mulling a sale, more than two years after it scrapped a multibillion-dollar acquisition by Zoom Video Communications Inc.
ZM,
-3.22%.
Five9 is in talks with advisers to measure interest from potential buyers, including Zoom, according to a Bloomberg report, citing people familiar with the situation.



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