Zoom Video Communications Inc (ZM) Sector
Communication Services

(Current) $67.00
-0.93 (-1.37%) Open Price: 67.18

Zoom Video Communications Inc, commonly known as Zoom, is a technology company that provides video conferencing and online communication solutions. The company was founded in April 2011 by Eric Yuan, a former Cisco executive, who aimed to create a reliable and user-friendly platform for virtual meetings and collaboration. Zoom's headquarters are located in San Jose, California.

Zoom's main offering is its cloud-based video conferencing software, which enables users to conduct virtual meetings, webinars, and web conferences with participants from various locations. The platform gained widespread popularity due to its ease of use, high-quality video and audio capabilities, and features such as screen sharing and chat functionalities.

Since its founding, Zoom has experienced rapid growth and became a prominent player in the video conferencing market. Its platform has been widely adopted by businesses, educational institutions, and individuals, particularly during the COVID-19 pandemic, when remote work and virtual meetings became essential.

In addition to its core video conferencing service, Zoom has expanded its offerings to include Zoom Phone, a cloud-based phone system, and Zoom Rooms, a solution for setting up conference rooms with integrated video and audio conferencing capabilities. The company also continues to innovate and introduce new features and enhancements to meet the evolving needs of its users.

Zoom's commitment to providing reliable and secure communication tools has made it one of the most widely used video conferencing platforms globally. Its user-friendly interface, scalability, and versatility have made it a go-to choice for individuals and organizations seeking efficient and effective ways to collaborate virtually.

(09/06/24) $67.18
(09/07/24) $67.93
(09/07/24) (Qty.)2,660,924
(09/06/24) $66.60
(09/06/24) $68.56
(08/18/24) $58.49
(08/25/24) $72.36
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