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2021-01-15

Zoom Announces Closing of $2.0 Billion Public Offering

PDF Version SAN JOSE, Calif., Jan. 15, 2021 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM), a leading provider of video-first unified communications, today announced the closing of its previously announced underwritten public offering of its Class A common stock. Zoom sold 5,882,353 shares of its Class A common stock, including 735,294 shares pursuant to the full exercise of the underwriter’s option, at a price to the public of $340.00 per share. The gross proceeds from the offering were $2.0 billion, before deducting the underwriting discounts and commissions and offering expenses. J.P. Morgan acted as the sole book-running manager for the offering. The shares described above were offered by Zoom pursuant to a shelf registration statement on Form S-3, including a base pr
Zoom Announces Closing of $2.0 Billion Public Offering
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2021-03-25

Zoom becomes Official Partner of Formula 1®

PDF Version Major multi-year partnership spans multiple fronts; sees continuation of successful Virtual Paddock Club ENGLEWOOD, Colo. and SAN JOSE, Calif., March 25, 2021 (GLOBE NEWSWIRE) -- Formula 1® and Zoom Video Communications, Inc. (NASDAQ: ZM) today announced that they have entered a new extensive, multi-year partnership consisting of multiple touchpoints across the upcoming 2021 FIA Formula One World Championship™ racing season and beyond. As part of the partnership Zoom will deliver comprehensive communications services and is working with Formula 1® to provide new business and hospitality opportunities through unique live-sport experiences during and beyond the ongoing pandemic. Both brands already collaborated in 2020 on the successful Virtual Paddock Club experience, which will
Zoom becomes Official Partner of Formula 1®
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2021-03-01

Zoom Announces EdInnovation Award Recipients

PDF Version Six Education-Focused Nonprofits Around the Globe to Receive EdInnovation Award, Grant Support from Zoom SAN JOSE, Calif., March 01, 2021 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) today announced the recipients of its EdInnovation Awards. Six recipients––Cambiar Education, Center for Black Educator Development, Kabakoo Academies, Open Up Resources, Re:Coded, and STEM From Dance––will each receive a grant to support their work, which addresses the education challenges of today through initiatives including diversifying the teaching profession, entrepreneurial job training, assisting aspiring youth in conflict-affected areas to join the digital economy, and providing access to science-based approaches to reading education. These organizations help improve s
Zoom Announces EdInnovation Award Recipients
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2021-02-01

Zoom Video Communications to Release Fourth Quarter and Full Year Results for Fiscal Year 2021

PDF Version SAN JOSE, Calif., Feb. 01, 2021 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) will release its fourth quarter and full year results for fiscal year 2021 on Monday, March 1, 2021, after the market closes. A live Zoom Video Webinar of the event can be accessed at 2:00 pm PT / 5:00 pm ET through Zoom’s investor relations website at https://investors.zoom.us. A replay will be available approximately two hours after the conclusion of the live event and remain up for approximately one week. About ZoomZoom Video Communications, Inc. (NASDAQ: ZM) brings teams together to get more done in a frictionless and secure video environment. Our easy, reliable, and innovative video-first unified communications platform provides video meetings, voice, webinars, and chat across
Zoom Video Communications to Release Fourth Quarter and Full Year Results for Fiscal Year 2021
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2021-06-29

Zoom to Acquire Kites GmbH

PDF Version Kites Team to Help Enhance Zoom’s Machine Translation Capabilities SAN JOSE, Calif. and KARLSRUHE, Germany, June 29, 2021 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) today announced it has signed a definitive agreement to acquire Karlsruhe Information Technology Solutions - Kites GmbH (“Kites”), a start-up dedicated to developing real-time Machine Translation (“MT”) solutions. The terms of the transaction were not disclosed. Kites was founded in 2015 and has academic roots with Karlsruhe Institute of Technology, where co-founders Dr. Alex Waibel and Dr. Sebastian Stüker are faculty members. Kites’ talented team of 12 research scientists will help Zoom’s engineering team advance the field of MT to improve meeting productivity and efficiency by providing mult
Zoom to Acquire Kites GmbH
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2021-06-09

Zoom Launches Zoom Phone Appliances, Empowering the Hybrid Workforce

PDF Version Zoom Phone Appliances Provide an All-In-One Desk Phone Solution for Calls and Meetings, with Hardware Solutions from Poly and Yealink SAN JOSE, Calif., June 09, 2021 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) today announced the launch of Zoom Phone Appliances, a new category of hardware optimized for the hybrid workforce, from home offices to shared huddle spaces, addressing use cases across industries. Zoom Phone Appliances combine Zoom technology with hardware from Poly and Yealink to provide video and audio capabilities and touch display, in an all-in-one desk phone solution for HD video meetings, phone calls, and interactive whiteboarding. “Zoom continues to demonstrate fast pace of innovation and ability to scale globally with its robust cloud phone
Zoom Launches Zoom Phone Appliances, Empowering the Hybrid Workforce
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2021-03-18

Zoom Enhances Partner Program With Accelerated Growth

PDF Version Zoom Announces New Benefits and Expansion to Master Agent Referral Partner Program SAN JOSE, Calif., March 18, 2021 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) today announced new benefits and an expansion to its Master Agent Referral Partner Program. New enhancements for Master Agents include increased partner revenue on qualifying deals with Zoom Phone and Zoom United (a unified Meetings, Phone, and Chat offering), and a simplified commission structure for increased predictability. Zoom has also continued to expand its presence with the addition of six new Master Agents in North America and Europe. Additionally, the company introduced new initiatives to gather feedback from partners, including a Global Partner Advisory Council and Partner Perspectives sur
Zoom Enhances Partner Program With Accelerated Growth
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2021-04-19

Zoom Announces $100 Million Zoom Apps Fund

PDF Version New Venture Fund to Stimulate Innovation in the Zoom Apps Ecosystem SAN JOSE, Calif., April 19, 2021 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) today announced the Zoom Apps Fund, a new $100 million venture fund created to stimulate growth of Zoom’s ecosystem of Zoom Apps, integrations, developer platform, and hardware. Portfolio companies will receive initial investments between $250,000 and $2.5 million to build solutions that will become core to how Zoom customers meet, communicate, and collaborate. Zoom Apps, announced at Zoomtopia 2020, are leading applications that will bring productivity and engaging experiences directly into the Zoom platform. Dozens of Zoom Apps are currently in development and are an important component in building the future of
Zoom Announces $100 Million Zoom Apps Fund
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2021-02-03

Zoom Announces Availability of Zoom Rooms ‘Everywhere Workforce’ Innovations

PDF Version Zoom Rooms Enhancements Promote Health and Safety in the Workplace SAN JOSE, Calif., Feb. 03, 2021 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) today announced the general availability of Zoom Rooms innovations that will help organizations safely re-enter the office and sustain an ‘everywhere workforce’. The traditional workplace has evolved and adapted with employees and organizations embracing more places as workspaces. Whether it's in an office, co-located space, remote location, or at home, Zoom’s platform enables organizations to put employee health and safety at the center of their strategy. In an effort to ensure the safety of every employee and customer, organizations are faced with the need to address their employee’s top three concerns about workin
Zoom Announces Availability of Zoom Rooms ‘Everywhere Workforce’ Innovations
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2020-12-16

Zoom To Expand Presence In Singapore

PDF Version Zoom Will Open a Research and Development Center and Double the Capacity of its Co-Located Data Center SAN JOSE, Calif., Dec. 15, 2020 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) today announced that it will expand its presence in Singapore by opening a new Research and Development Center, where it will hire hundreds of key engineering headcount. Zoom will also expand its co-located data center in the country. This commitment represents a growing strategic investment in the country, where Zoom has already had a presence for 2 years. This expansion into Singapore will supplement Zoom’s existing R&D centers in the US, India, and China, and support Zoom’s engineering leadership, which is based at its San Jose, California headquarters. Zoom selected Singapo
Zoom To Expand Presence In Singapore
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2021-07-21

Zoom Elevates Platform Experience with Launch of Zoom Apps and Zoom Events

PDF Version Zoom Drives Innovation of Video Communications with New Solutions to Empower the Hybrid Workforce SAN JOSE, Calif., July 21, 2021 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) today announced the general availability of its latest innovations, Zoom Apps and Zoom Events. Zoom Apps seamlessly embeds third-party apps within the Zoom Meetings and desktop client experience, enhancing collaboration, productivity, and entertainment for today’s hybrid workforce. Zoom Events is an all-in-one platform for creating a wide range of interactive and immersive virtual events to reach and engage audiences. “I’m thrilled to see our platform vision expand through Zoom Apps and Zoom Events, as the world embraces hybrid work, empowering the workforce today and into the futu
Zoom Elevates Platform Experience with Launch of Zoom Apps and Zoom Events
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2021-05-19

Zoom Announces Zoom Events Platform for Virtual Experiences

PDF Version An All-in-One Platform for Producing and Monetizing Interactive Virtual Events and Conferences SAN JOSE, Calif., May 19, 2021 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) today announced Zoom Events, an all-in-one platform with the power to produce interactive and engaging virtual experiences, available this summer. Zoom Events combines the reliability and scalability of Zoom Meetings, Chat, and Video Webinars in one comprehensive solution for event organizers, with the ability to produce ticketed, live events for internal or external audiences of any size. Zoom Events offers something for a variety of use cases – from enabling large businesses to seamlessly manage and host internal events like all-hands and sales summits and external events like user confer
Zoom Announces Zoom Events Platform for Virtual Experiences
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2021-01-12

Zoom Reaches 1 Million Zoom Phone Seats

PDF Version Strong Service Performance, Reliability, and Enterprise-Grade Features Helped Product Reach Milestone Before Two Year Anniversary SAN JOSE, Calif., Jan. 12, 2021 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) today announced that it has sold one million Zoom Phone seats shortly before it reached the two-year anniversary of the product’s general availability. This impressive growth illustrates the value Zoom Phone brings to customers with its strong service performance, reliability, security, enterprise-grade features, seamless integrations, and simplified pricing model. Zoom Phone is a core product in Zoom’s unified communications platform, which also includes Zoom Meetings, Zoom Chat, Zoom Rooms, and Zoom Video Webinars. Zoom Phone offers enterprise-grade fea
Zoom Reaches 1 Million Zoom Phone Seats
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2021-01-12

Zoom Announces Pricing of $1.75 Billion Public Offering

PDF Version SAN JOSE, Calif., Jan. 12, 2021 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM), a leading provider of video-first unified communications, today announced the pricing of an underwritten public offering of 5,147,059 shares of its Class A common stock at a price to the public of $340.00 per share. The aggregate gross proceeds from the offering are expected to be approximately $1.75 billion, before deducting the underwriting discounts and commissions and estimated offering expenses. The offering is expected to close on or about January 15, 2021, subject to customary closing conditions. In connection with the offering, Zoom has granted the underwriter a 30-day option to purchase up to an additional 735,294 shares of its Class A common stock at the public offering p
Zoom Announces Pricing of $1.75 Billion Public Offering
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2021-09-15

Zoom Unveils Reseller Partner Program for Zoom Phone BYOC

PDF Version Zoom Phone Bring Your Own Carrier (BYOC) Offers New Revenue Opportunity to Resellers and Maximum Flexibility to Customers Zoom Phone Provider Exchange Connects Customers Directly with Providers Zoom Phone Reaches New Milestone with 2 Million Seats Sold SAN JOSE, Calif., Sept. 15, 2021 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) today at Zoomtopia Partner Connect announced that its reseller partners will have the opportunity to sell Zoom Phone Bring Your Own Carrier (BYOC) licenses. They will also be able to connect customers who use enhanced cloud peering to access PSTN to Zoom Phone Provider Exchange, a new way to discover providers and follow a self-service journey to provision phone numbers securely. Zoom is currently running a pilot program for select r
Zoom Unveils Reseller Partner Program for Zoom Phone BYOC
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2021-08-02

Zoom Video Communications to Release Financial Results for the Second Quarter of Fiscal Year 2022

PDF Version SAN JOSE, Calif., Aug. 02, 2021 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM), a leading provider of frictionless enterprise communications, today announced it will release its financial results for the second quarter of fiscal year 2022 on Monday, August 30, 2021, after the market closes. A live Zoom Video Webinar of the event can be accessed at 2:00 pm PT / 5:00 pm ET through Zoom’s investor relations website at https://investors.zoom.us. A replay will be available approximately two hours after the conclusion of the live event. About ZoomZoom is for you. We help you express ideas, connect to others, and build toward a future limited only by your imagination. Our frictionless communications platform is the only one that started with video as its foundation,
Zoom Video Communications to Release Financial Results for the Second Quarter of Fiscal Year 2022
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2021-01-12

Zoom Announces Proposed Offering of Class A Common Stock

PDF Version SAN JOSE, Calif., Jan. 12, 2021 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM), a leading provider of video-first unified communications, today announced that it has commenced an underwritten public offering of $1.5 billion of shares of its Class A common stock. In connection with the proposed offering, Zoom expects to grant the underwriter a 30-day option to purchase up to an additional $225 million of shares of its Class A common stock at the public offering price, less underwriting discounts and commissions. All of the shares in the proposed offering will be sold by Zoom. The proposed offering is subject to market and other conditions, and there can be no assurances as to whether or when the proposed offering may be completed, or as to the actual size or te
Zoom Announces Proposed Offering of Class A Common Stock
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2021-09-08

Zoom Video Communications To Hold Financial Analyst Briefing During Zoomtopia

PDF Version SAN JOSE, Calif., Sept. 08, 2021 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) will hold a Financial Analyst Briefing on September 13, 2021 during its premier customer event, Zoomtopia. The event will be hosted by members of the executive team and will cover Zoom’s business strategy, opportunities, and initiatives. Attendees of the Financial Analyst Briefing must first register for Zoomtopia at: https://www.zoomtopia.com/. Once registered, attendees will receive instructions for joining the Zoomtopia lobby from where they may search for and join the Financial Analyst Briefing track. The live video webinar will begin at 2pm ET/11am PT, and last for approximately two hours. Attendees must update their Zoom client to version to 5.7.6 or later in order to run Zoo
Zoom Video Communications To Hold Financial Analyst Briefing During Zoomtopia

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