0
Broadband

Zoom completes USD 2 billion secondary share offering

Monday 18 January 2021 | 09:38 CET | News
Zoom Video Communications has closed its secondary share offering, with gross proceeds rising to USD 2.0 billion instead of the expected 1.75 billion, minus deductions, commissions and expenses. The company sold a bit over 5.8 million shares for USD 340 per piece.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Companies: Zoom Video Communications
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Zoom haalt USD 2 miljard op met nieuwe aandelen

Published 18 Jan 2021 13:02 CET | World
Zoom Video Communications heeft zijn secundaire aandelenaanbod gesloten, met een bruto-opbrengst die is gestegen tot USD 2,0 ...

Zoom sells 1 million Zoom Phone seats in just under 2 years

Published 12 Jan 2021 17:22 CET | World
Zoom Video Communications said it has sold 1 million Zoom Phone seats in just under two years, since the product became generally ...

Zoom starts USD 1.5 billion public offering

Published 12 Jan 2021 13:28 CET | World
Zoom Video Communications said it has started a public offering of USD 1.5 billion worth of shares. The company expects to also ...

Zoom to expand presence in Singapore

Published 16 Dec 2020 15:11 CET | Singapore
Zoom Video Communications announced plans to double its data centre capacity in Singapore by opening a new Research and ...

Zoom extends contract with AWS for cloud services

Published 01 Dec 2020 11:11 CET | World
Amazon Web Services (AWS) announced that Zoom Video Communications selected AWS as its preferred cloud provider. The multi-year ...

Zoom beats guidance again as revenues grow nearly five-fold in Q3

Published 01 Dec 2020 08:56 CET | World | Update: 02 Dec 2020 14:16 CET
Adjusted operating profit was also much better than the company's guidance, at USD 290.8 million compared to USD 21.3 million a ...

Zoom, Lumen launch 'Zoom delivered by Lumen'

Published 23 Nov 2020 16:34 CET | World
Zoom Video Communications and Lument Technologies have expanded their recently announced partnership to launch " Zoom delivered ...

Zoom agrees security improvements after FTC investigation

Published 10 Nov 2020 09:18 CET | United States
Zoom Video Communications has agreed to tighten the security of its videoconferencing services after the FTC found the company ...

Zoom expands staff in Switzerland

Published 09 Nov 2020 09:15 CET | Switzerland
Zoom Video Communications is expanding its staff in Switzerland, IT Reseller reports. It has appointed Peter Sany as CIO ...

Zoom adds Napolitano to board of directors

Published 02 Nov 2020 16:23 CET | World
Zoom Video Communications has added Janet Napolitano to its board of directors. Napolitano served as Attorney General of Arizona ...

Cisco invests in conferencing compliance software Theta Lake

Published 27 Oct 2020 16:34 CET | World
Theta Lake has raised USD 12.7 million in series A funding to support development of its conferencing compliance software. ...

Zoom starts testing end-to-end encryption for all users, paid or free

Published 26 Oct 2020 14:56 CET | World
Zoom Video Communications said it has added end-to-end encryption (E2EE) for all users worldwide, free and paid, for meetings of ...





Calendar   /   Industry Events

26 Feb Deutsche Telekom Q4 2020
26 Feb Tecnotree Q4 2020
26 Feb Proximus Q4 2020
26 Feb OTE Q4 2020 2020
26 Feb HTHK FY results
26 Feb Megacable Q4
01 Mar Inseego Q4
01 Mar Ooma Q4
01 Mar Liberty LatAm Q4 results
01 Mar Switch Q4 2020
01 Mar Boingo Q4
01 Mar Zoom Video Communications Q4
01 Mar TIM Brasil investors day
01 Mar Embedded World Digital
02 Mar FuboTV Q4 2020
02 Mar HPE fiscal Q1
03 Mar Marvell Technology fiscal Q4
03 Mar Vivendi Q4 2020
03 Mar Avast FY results
04 Mar Inwit Q4 2020
04 Mar Broadcom fiscal Q1
04 Mar MTS Q4 2020
04 Mar Ciena fiscal Q1
05 Mar Vonage Investor Day
::: More Calendar Items