Dragoneer to take event technology provider Cvent public in $5.3bn deal

Dragoneer to take event technology provider Cvent public in $5.3bn deal

Cvent, an enterprise event technology provider, is set to go public through a $5.3 billion merger deal with Dragoneer Growth Opportunities Corp. II, a special purpose acquisition company (SPAC). The Virginia-based Cvent provides events, meetings, and hospitality technology to over 200,000 users around the world. Established in 1999, the company has approximately 4,000 employees. Cvent […]

Zoom to acquire cloud contact center software provider Five9 for $14.7bn

Zoom to acquire cloud contact center software provider Five9 for $14.7bn

Communications technology company Zoom Video Communications has signed an all-stock deal worth nearly $14.7 billion to acquire Five9, a California-based publicly listed cloud contact center platform provider. Under the terms of the transaction, Five9’s shareholders will exchange each of their shares in the company for 0.5533 of Zoom Video Communications’ shares. The cloud contact center […]