Cloud-based software provider Five9 is reportedly considering options for a sale, more than two years after a failed buyout by Zoom Video Communications. Zoom abandoned its $14.7 billion acquisition of Five9 in October 2021 after shareholders voted against the deal. Now, Five9 is working with advisers to gauge interest from potential buyers and has already held discussions with Zoom about possibly resurrecting the deal. The company is also likely to attract other strategic suitors. Five9's shares closed over 7% higher following the news, giving the company a market capitalization of $6.2 billion. While there is no certainty that these deliberations will result in a sale, the potential sale marks a shift in strategy for Five9 as it navigates new opportunities in the market. Zoom and Five9 have yet to respond to requests for comment on the matter.

Sources:

- "Software provider Five9 considers options for sale - Bloomberg News" (Reuters)

- "Cloud-based software provider Five9 considers options for sale - Bloomberg News" (Reuters)