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Fly News Breaks for August 31, 2016
SAAS, ININ, FIVN
Aug 31, 2016 | 10:37 EDT
Following the inContact (SAAS) acquisition in May and the Interactive Intelligence Group (ININ) takeover this morning by Genesys, Five9 (FVIN) is the only stand-alone cloud player in the space, JPMorgan analyst Sterling Auty tells investors in a research note. The analyst views the competitive landscape changes as a positive for Five9, saying they create "scarcity value" while providing opportunities at a time when others are dealing with the integration processes. Auty has an Overweight rating on Five9.
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