Skip to main content
Trending storyContinuously updated

Five9 to buy Level AI for $325M in cash

1 reports1 report sources16 hours agoUpdate

Get up to speed on this story

AI Summary

Five9 agreed to acquire contact center AI startup Level AI for $325 million in all cash, the company said alongside its third-quarter results. The deal is expected to close in the fourth quarter, subject to customary closing conditions. Five9 said it will keep selling Level AI's applications as standalone tools for organizations that do not want to move on-premises contact center operations to the cloud, or that use other cloud contact center platforms. It also plans to integrate the tools into its Genius CX Platform. Five9's full-year guidance excludes any contribution from the pending deal, so the value depends on how quickly Five9 integrates Level AI's technology.

AI-generated from reports · 16 hours agoUpdate

Latest updatesNov 6 08:35
Five9 to acquire contact center AI startup Level AI for $325M in cash

Report timeline

Follow the reports to understand different sides of the story.

Nov 6
  1. SiliconANGLETop Deals
    Five9 to acquire contact center AI startup Level AI for $325M in cash

    Five9 agreed to buy contact center intelligence startup Level AI for $325 million in all cash.

Trend for this story

Comparable range current
6
Comparable range peak
10Nov 6 09:00
Change in the last 24 hours
–

Trends only compare the same entities observed consistently and completely, so the scope may be smaller than the current trending statistics. Move the pointer or click the chart to view hourly trending; use the left and right arrow keys on a keyboard to switch.

Subscribe to the newsletters

Free, by email. No account needed. Pick one or both.

No spam. Unsubscribe anytime by emailing team@midu.si. Want alerts and full data? Sign up free (separate from the newsletter). Privacy.

Not investment advice. Midu summarizes public reports and SEC filings for information only. · Free API · Pricing