Zoom Information buys Israel-U.S. start-up Chorus.AI for USD 575 million
Categories: Corporate and M&A
U.S. business intelligence company ZoomInfo is to buy Israeli-U.S. start-up Chorus.ai for USD 575 million cash.
Chorus.ai has developed a system that analyzes and provides insights on sales conversations and competes with Israeli start-up Gong.io, which raised money last month at a company valuation of USD 7.2 billion, making it the privately-held Israeli start-up with the highest valuation.
Representing Zoom Information was Yigal Arnon & Co. notably Ben Sandler, Ofir Levy, Ezra Gross, Chaim Cohen, Neta Goshen, Eli Greenbaum, Miriam Friedmann, Hadar Stein, Ofir Paz, Michael Portman and Tani Sterman.
Greenberg Traurig‘s IP & Technology Shareholder Adam Snukal represented Chorus.ai.