Five9 spikes as Zoom announces massive $14.7 billion deal to acquire cloud-based call center operator

Carlo Allegri/AP
Five9 soared as much as 15% early Monday following a deal to be acquired by Zoom Video Communications.Zoom shares were lower after announcing the $14.7 billion all-stock transaction.Zoom's deal will serve as its entry into the $24 billion call center market.See more stories on Insider's business page.
Shares of Five9 jumped as much as 15% on Monday on a deal by Zoom Video Communications to buy the cloud-based call center software maker in an all-stock transaction valued at $14.7