(Reuters) – Call center software firm Five9 is weighing options for a sale, more than two years after a buyout by Zoom Video Communications failed, Bloomberg News reported on Monday.
Five9 is working with advisers as it seeks to gauge interest from potential buyers, the report added, citing people familiar with the matter.
Bloomberg said the company already held discussions with Zoom about possibly resurrecting a deal and is likely to attract other strategic suitors.
The virtual meeting giant abandoned its $14.7 billion acquisition of the company in October 2021 after Five9’s shareholders voted against the deal.
(Reporting by Arsheeya Bajwa in Bengaluru; Editing by Maju Samuel)
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Source: The Print
