Verizon snaps up Zoom rival BlueJeans for less than $500 million

Verizon snaps up Zoom rival BlueJeans for less than $500 million

4 years ago
Anonymous $9CO2RSACsf

https://www.reuters.com/article/us-bluejeans-m-a-verizon/verizon-snaps-up-zoom-rival-bluejeans-for-less-than-500-million-idUSKCN21Y209

Verizon Communications Inc on Thursday agreed to buy BlueJeans Network Inc, a rival of Zoom Video Communications Inc , for less than $500 million as it looks to tap into the new-found popularity of video-conferencing apps.