Zoom taps Oracle for cloud deal, passing over Amazon, Microsoft [CNBC]
Zoom Communications, Inc. - Class A (ZM)
Last zoom communications, inc. - class a earnings: 3/4 04:20 pm
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Source: CNBC
Key PointsEric Yuan, founder and chief executive officer of Zoom Video Communications Inc., speaks during the BoxWorks 2019 Conference at the Moscone Center in San Francisco, California, U.S., on Thursday, Oct. 3, 2019.Bloomberg"We recently experienced the most significant growth our business has ever seen, requiring massive increases in our service capacity. We explored multiple platforms, and Oracle Cloud Infrastructure was instrumental in helping us quickly scale our capacity and meet the needs of our new users," Zoom CEO Eric Yuan said in apress releaseOracle said in a release that Zoom chose its service for Oracle's "advantages in performance, scalability, reliability and superior cloud security." It's a surprising move from Zoom, as it chose Oracle over its larger competitors. According toresearch firm CanalysOracle stock was little changed following the announcement.Zoom's massive growth has also raised security questions around the service.After several security snafusSubscrib
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- Assessing Zoom Communications (ZM) Valuation After Recent Name Change And Short Term Share Price Momentum [Yahoo! Finance]Yahoo! Finance
ZM
Earnings
- 2/25/26 - Beat
ZM
Sec Filings
- 4/17/26 - Form 144
- 4/17/26 - Form 4
- 4/16/26 - Form 144
- ZM's page on the SEC website