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Former logo (2014-2022) Zoom was founded by Eric Yuan, a former corporate vice president for Cisco Webex. [6] He left Cisco in April 2011 with 40 engineers to start a new company, [2] originally named Saasbee, Inc. [7] The company had trouble finding investors because many people thought the videotelephony market was already saturated. [7]
2014 logo. A beta version of Zoom that could host conferences with only up to 15 video participants was launched on August 21, 2012. [7] On January 25, 2013, version 1.0 of the program was released with an increase in the number of participants per conference to 25. [8]
Zoom is rebranding, dropping the “Video” from its name and instead pitching itself as an AI company. The video chat company was one of the biggest winners from the pandemic and the move to ...
When the idea was rejected, Yuan left Cisco to establish his own company, Zoom Communications. [10] In 2019, Zoom became a public company via an initial public offering, [21] at which time Yuan became a billionaire. [9] [2] His wealth has increased during COVID-19 pandemic, as Zoom benefited from the shift to online work and teaching. [22]
For the quarter ended on July 31st, Zoom reported revenue rose 2% to $1.162 billion, with sales growth slowing down for the te Zoom Proves It Is More Than A Pandemic-Only Wonder An Impressive ...
Zoom (dance music group), a Eurodance group formed in Denmark Zoom (The Knack album), 1998; Zoom (Electric Light Orchestra album), 2001; Zoom (Noah23 album), 2011; Zoom (Rachid Taha album)
Similarly, Zoom's management expects full-year adjusted earnings per share (EPS) of $5.41 to $5.43, whereas before it only expected adjusted EPS of $5.29 to $5.31.
[5] [6] Zoom Information was established in 2000 as Eliyon Technologies by founders Yonatan Stern and Michel Decary, [2] [7] and in August 2017 was acquired by Great Hill Partners, a private equity firm, for $240 million. [8] In June 4, 2020, ZoomInfo became a publicly traded company on the Nasdaq Global Select Market under the ticker symbol ...