ZoomInfo Technologies Inc - ZI STOCK NEWS

ZoomInfo (NASDAQ: ZI) has launched a new publication called The Pipeline, designed for sales, marketing, and recruiting professionals. This resource will provide data-driven strategies and tactics to help build and expand the revenue funnel. With content from industry leaders, The Pipeline aims to assist all levels of professionals, from startups to S&P 100 companies. Meghan Barr, Editor-in-Chief, emphasizes the importance of actionable insights for business growth. Subscriptions are available for updates, with further editions for marketing and recruiting set to launch soon.

ZoomInfo has retained its No. 1 position on 26 grids in G2’s Fall 2021 Grid Reports, marking its third consecutive quarter with at least 26 top placements. The company led 18 different grids for five consecutive quarters and achieved a record 43 grid appearances. Notably, ZoomInfo maintained the top spot in the Marketing Account Intelligence section for 15 quarters and ranked No. 1 in six sections overall. The reports highlight high customer satisfaction, reflecting ZoomInfo's commitment to innovation and quality.

ZoomInfo (NASDAQ: ZI) has acquired RingLead, enhancing its platform for data orchestration and revenue operations automation. The acquisition will provide companies with high-quality, actionable data to streamline go-to-market strategies. RingLead's tools automate data management, enabling the reconciliation of inconsistent customer data. This integration aims to improve lead routing and accelerate revenue growth. While financial terms were undisclosed, the acquisition is not expected to materially impact ZoomInfo's financial results for 2021.

ZoomInfo (NASDAQ: ZI) announced a significant corporate restructuring aimed at streamlining its governance and reducing compliance costs. This involves eliminating its UP-C corporate structure, ensuring all shareholders have equal voting rights. The conversion of OpCo units to Class A common stock is expected to enhance shareholder value and potential index inclusion. In Q2 2021, ZoomInfo reported a 57% revenue growth year-over-year, totaling $174 million, with over 1,100 customers contributing over $100,000 annually. The company aims to complete this restructuring by Q4 2021.

ZoomInfo (NASDAQ: ZI) announced new integrations with Chorus.ai, enhancing its go-to-market platform for revenue teams. Customers can access Chorus’ Momentum Insights within ZoomInfo, improving relationship management and decision-making. These features allow for automated call transcription and analysis, leveraging ZoomInfo's comprehensive data. With a 33% increase in match rates and 10x faster load times, this collaboration aims to enhance sales strategies and customer engagement, directly impacting business growth.

ZoomInfo (NASDAQ: ZI) has announced its participation in several investor events throughout September 2021. Key events include the Wolfe Research Investor Conference on Sept. 8, Deutsche Bank Technology Conference on Sept. 10, and Piper Sandler Global Tech Conference on Sept. 14. Webcast details and replays of presentations will be available on their investor relations website. ZoomInfo is a leader in go-to-market software and intelligence, helping over 20,000 companies enhance their sales, marketing, and recruiting efforts.

ZoomInfo Technologies Inc. (NASDAQ: ZI) has priced a secondary offering of 20 million shares of its Class A common stock at $63.00 per share, aiming to raise funds for selling stockholders including TA Associates, The Carlyle Group, and affiliated co-founders. An additional option of 3 million shares is available to the underwriter. The last reported stock price before the offering was $64.54. The transaction is expected to close on August 11, 2021, following customary conditions. No shares are being sold by ZoomInfo itself, and all proceeds will go to the selling stockholders.

ZoomInfo Technologies Inc. (NASDAQ: ZI) announced a secondary offering of 20 million shares of its Class A common stock by certain selling stockholders, including TA Associates, The Carlyle Group, and affiliates of ZoomInfo’s founders. The offering allows for an additional 3 million shares through a 30-day underwriter option. All proceeds will go to the selling stockholders. The offering is underwritten by Morgan Stanley, with the last reported share price at $64.54 as of August 6, 2021. No shares are being sold by ZoomInfo itself.

ZoomInfo (NASDAQ: ZI), a leader in go-to-market software, announced participation in the Canaccord Genuity 41st Annual Growth Conference on August 11, 2021. The event will be webcast live, and a replay will be available on their investor relations site. The company empowers over 20,000 businesses worldwide with its comprehensive data and technology solutions that enhance sales, marketing, and recruiting processes.

For more details on presentations and event specifics, visit ZoomInfo's investor relations website.