Zoom to Acquire Kites GmbH

SAN JOSE, Calif. and KARLSRUHE, Germany, June 29 (Korea Bizwire) — Zoom Video Communications, Inc. (NASDAQ: ZM) today announced it has signed a definitive agreement to acquire Karlsruhe Information Technology Solutions – Kites GmbH (“Kites”), a start-up dedicated to developing real-time Machine Translation (“MT”) solutions. The terms of the transaction were not disclosed. Kites was [...]