Video conferencing platform Zoom is planning to acquire cloud contact center firm Five9 in an approximate $14.7 billion all-stock deal. Five9 stockholders will receive 0.5533 shares of Class A common stock of Zoom Video Communications for each share of Five9. The transaction is anticipated to...
Enterprise Financial Services Corp., the parent of Enterprise Bank & Trust, announced its acquisition of First Choice Bank has received all of its necessary regulatory approvals and now is in the hands of shareholders of both banks. Those approvals included a waiver from the Federal...
United Community Banks and Reliant Bancorp are merging in an estimated $517 million all-stock transaction, according to a Thursday (July 15) press release. The deal is valued at $517 million, or $30.58 per share of Reliant common stock, based on United’s closing stock price of...
NortonLifeLock is working on a deal to acquire Prague cybersecurity software firm Avast, which trades on the London Stock Exchange, The Wall Street Journal reported on Wednesday (July 14). Based in Arizona, NortonLifeLock has until Aug. 11 to formally announce its bid intentions. Avast offers free and...
Toyota’s self-driving unit, Woven Planet, will now have the benefit of more software mapping through its acquisition of U.S. mapping startup Carmera, the Financial Times (FT) reported. Woven Planet is currently looking to quadruple its global engineering headcount over the next several years, according to...
Square has bought frontline employee platform Crew, which works to consolidate and streamline workplace operations, according to a press release. Square plans to use Crew’s services to scale labor management tools and meet the needs of bigger sellers, the release stated. “Square’s mission of economic...
Amazon took another major step toward the completion of Project Kuiper, its effort to provide internet access via satellite, by acquiring a team of more than a dozen Facebook employees based in Los Angeles in April to work on the initiative. Amazon paid Facebook an...
Mastercard is extending its collaboration with Major League Baseball (MLB) and will once again support this year’s All-Star Game as a presenting sponsor. MLB Chief Revenue Officer Noah Garden said in a press release on Monday (July 12) that Mastercard has been an “incredible partner to...
Microsoft is buying San Francisco-based cybersecurity startup RiskIQ, adding a company known for its proficiency in threat intelligence and cloud-based software-as-a-service platforms. “RiskIQ has built a strong customer base and community of security professionals who we will continue to support, nurture, and grow,” according to...
