Zoom Really Gets Back to Business

Zoom Video Communications’ stock price has lost about one-third of its value from its peak in mid-October.

Photo:

Mark Lennihan/Associated Press

July 19, 2021 12:13 pm ET

The pandemic may have made

Zoom Video Communications

ZM -4.36%

into a household name, but the company clearly prefers life at the office—virtual or otherwise.

That was borne out by the 10-year-old company’s first major acquisition, announced late Sunday.

Five9,

FIVN 4.53%

which provides cloud-based software used to run customer contact centers, will become part of Zoom through an all-stock transaction valued at $14.7…

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