California-based Zoom Video Communications (ZM) provides cloud communications solutions. The company recently agreed to acquire Germany-based Kites, a startup that offers real-time machine translation services. It also plans to open a research and development center in Germany. Zoom recently terminated the agreement to acquire contact center software Five9 (FIVN) for $14.7 billion in stock. However, it remains interested in that segment and plans to launch its own contact center solution early next year. It sees a $24 billion revenue opportunity in the contact center market. With this in mind, let us take a look at the company's recent financial results and understand its newly added risk factor.
https://www.tipranks.com/news/analyzing-zoom-video-communications-newly-added-risk-factor?utm_source=advfn.com&utm_medium=referral
Zoom Video Communications (NASDAQ:ZM)
Historical Stock Chart
From Dec 2021 to Jan 2022 Click Here for more Zoom Video Communications Charts.
Zoom Video Communications (NASDAQ:ZM)
Historical Stock Chart
From Jan 2021 to Jan 2022 Click Here for more Zoom Video Communications Charts.