Five9 buys contact center intelligence startup Level AI after posting narrow earnings beat
Five9 says the $325 million all-cash acquisition is expected to close in the fourth quarter.
Contact center company Five9 Inc. flexed its acquisitive muscles today as it announced a $325 million all-cash deal to buy an artificial intelligence-native rival called Level AI as it posted its third-quarter financial results. The deal is expected to close in the fourth quarter, subject to customary closing conditions, Five9 said. Five9 is a leading […] The post Five9 buys contact center intelligence startup Level AI after posting narrow earnings beat appeared first on SiliconANGLE.
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The $325 million acquisition would expand Five9’s presence in contact center intelligence through an AI-native rival. Its timing alongside third-quarter results puts the deal and company performance in focus at once.
Key takeaways
Generated insight by OnAirToday AI
- Five9 buys contact center intelligence startup Level AI after posting narrow earnings beat
- Contact center company Five9 Inc. flexed its acquisitive muscles today as it announced a $325 million all-cash deal to buy an artificial intelligence-native rival called Level AI as it posted its third-quarter financial results.
- The deal is expected to close in the fourth quarter, subject to customary closing conditions, Five9 said.
Why it matters: Contact center company Five9 Inc. flexed its acquisitive muscles today as it announced a $325 million all-cash deal to buy an artificial intelligence-native rival called Level AI as it posted its third-quarter financial results.
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