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A nearly $15 billion deal terminated by Five9

Miguel A. Rodriguez
Miguel A. Rodriguez
01 October 2021
One of the most expected deals of Zoom in 2021 just got rejected

After announcing in July that a $14.7 billion deal will be closed with Zoom, Five9 revealed that they left the offer. This could have been Zoom’s first billion-dollar purchase and the second-biggest tech deal of the year but lost the opportunity to expand its capabilities after it rallied during the COVID-19 pandemic.

According to the letter sent to the Federal Communications Commission, a branch of the Justice Department was worried about foreign participation. However, Zoom expected the agreement to be closed in the first half of 2022.

Five9 shareholders were ultimately unsatisfied with the small premium Zoom was supposed to pay. They were set to receive a 13% bump in the value of their shares over the trading price reported before the agreement.

Zoom and Five9 said they would maintain support for the integrations, honoring their product partnership before the acquisition agreement.

After declining 28% after the announcement, Zoom stock price added 3.82%.


The information presented herein is prepared by and does not intend to constitute Investment Advice. The information herein is provided as a general marketing communication for information purposes only.Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience, or current financial situation. 

Key Way Markets Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance and forecasts are not reliable indicators of future results.

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Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.