BRIEF-Zoom To Acquire Five9

Zoom Video Communications Inc: * ZOOM TO ACQUIRE FIVE9

* ZOOM VIDEO COMMUNICATIONS -ENTERED INTO AGREEMENT TO ACQUIRE FIVE9 IN AN ALL-STOCK TRANSACTION VALUED AT APPROXIMATELY $14.7 BILLION * FOLLOWING CLOSE OF TRANSACTION, FIVE9 WILL BE AN OPERATING UNIT OF ZOOM

* FIVE9- FIVE9 STOCKHOLDERS WILL RECEIVE 0.5533 SHARES OF CLASS A COMMON STOCK OF ZOOM VIDEO COMMUNICATIONS, INC. FOR EACH SHARE OF FIVE9 * ZOOM VIDEO COMMUNICATIONS - BOARDS OF DIRECTORS OF ZOOM AND FIVE9 HAVE APPROVED TRANSACTION

* BOARD OF DIRECTORS OF FIVE9 RECOMMENDS THAT FIVE9 STOCKHOLDERS APPROVE TRANSACTION AND ADOPT MERGER AGREEMENT * TRANSACTION, WHICH IS ANTICIPATED TO CLOSE IN FIRST HALF OF CALENDAR YEAR 2022

* ROWAN TROLLOPE WILL BECOME A PRESIDENT OF ZOOM AND CONTINUE AS CEO OF FIVE9, REPORTING TO ERIC YUAN Source text for Eikon: Further company coverage: