Zoom’s $14.7 billion Five9 deal faces U.S. review over national security risks
The Hindu
In a letter dated August 27, the department’s national security division asked the Federal Communications Commissions to refer the case to the committee for review of any risk raised by the ‘foreign participation’.
The U.S. Department of Justice is investigating Zoom’s agreement to buy cloud contract software company Five9 for $14.7 billion, citing potential national security risks due to Zoom’s ties with China.
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In a letter dated August 27, the department’s national security division asked the Federal Communications Commissions to refer the case to the committee for review of any risk raised by the ‘foreign participation’.
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