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The company changed its name to Zoom Video Communications Inc. Zoom went public on April 18, , and trades on the Nasdaq stock exchange under the ticker symbol ZM.
The company is headquartered in San Jose, Calif. Yuan is the chief executive officer CEO of Zoom. Zoom is a member of the information technology sector and operates within the software industry. Led by Yuan, Zoom competes against a long list of rivals. They include legacy web-based meeting service providers such as Cisco Systems Inc.
Rivals also include bundled productivity solution providers with video functionality such as Alphabet Inc. On July 18, , Zoom announced that it had agreed to acquire cloud contact center solutions company Five9 Inc. Five9 shareholders were to receive 0. As mentioned above, on Sept. The company said that the agreement had not received the required number of votes from Five9 shareholders to approve the merger.
The U. In , the United States charged a China-based Zoom executive with conspiring to disrupt videoconference commemorations of the Tiananmen Square democracy protests. Zoom is also the focus of several ongoing federal investigations related to its dealings with Beijing, according to the Journal.
As of Aug. Prior to founding Zoom, Yuan was corporate vice president of engineering at Cisco, and was a founding engineer and vice president of engineering for web and videoconferencing platform Webex. Zoom Video Communications. Accessed Oct. Business Wire. The Wall Street Journal. Government Review Over China Ties. Company News. Earnings Reports and News. When you visit this site, it may store or retrieve information on your browser, mostly in the form of cookies.
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Your Money. Personal Finance. Your Practice. Popular Courses. News Company News. Zoom Video stock has been caught up in a painful run, with its stock price getting hit along with that of most other growth stocks. In particular, anything that seemed to benefit from Covid seems to be experiencing even harsher selling pressure. TheStreet Smarts.
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Zoom Video Earnings Preview: Doom or Boom? Check the Chart. – TheStreet
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