Snowflake priced its initial public offering at $120 per share, well above Snowflake’s original expected price range, the Wall Street Journal reported . At that price, Snowflake will be valued north of $33 billion, more than double its $12.4 billion private market valuation from its funding round in February. Shares of the company will begin trading on the stock market Wednesday morning. ...
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Zoom Executives Have Discussed an Expansion Into Contact Center Market
Zoom Video Communications’ pockets are full of cash after a $2 billion secondary offering of its shares last month. But where will it spend the money? One possibility: an acquisition of one or more companies in the contact center market, a fast-growing software business that helps companies field customer service requests through phone, email, text message, social media and video. Over...
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