ZoomInfo Technologies Inc - Ordinary Shares - Class A

NASDAQ:ZI   3:59:55 PM EDT
54.71
+0.96 (+1.79%)
4:52:13 PM EDT: $58.44 +3.73 (+6.82%)
Debt Financing / Related, Other Pre-Announcement

ZoomInfo To Acquire Conversation Intelligence Leader Chorus.ai

Published: 07/13/2021 11:39 GMT
ZoomInfo Technologies Inc - Ordinary Shares - Class A (ZI) - Zoominfo to Acquire Conversation Intelligence Leader Chorus.
Ai to Enable Insight-driven Targeting, Coaching, and Decision-making for Go-to-market Teams.
Zoominfo Technologies Inc - Agreed to Acquire Assets and Specified Liabilities of Chorus for Approximately $575 Million in an All-cash Transaction.
Zoominfo Technologies Inc - Purchase Price Will Be Funded With Cash on Hand and $500 Million in Additional Financing.
Zoominfo Technologies Inc - Acquisition Expected to Be Accretive to Growth Immediately, Generate Positive Adjusted Operating Income Within 12 Months.
Zoominfo Technologies Inc - Acquisition Expected to Be Accretive to Cash Flow in Second Half of FY 2022.