Perion Network Sells for $420 Million to Affle
Translated & summarized from Globes by baba
Israeli advertising technology company Perion Network has agreed to be sold for $420 million to Affle International. The acquisition aims to enhance Affle's global digital advertising capabilities. The deal is subject to standard closing conditions and regulatory approvals. This sale represents a major exit for Perion Network in the tech sector.
The story in 4 lines · by baba
- Perion Network is being sold for $420 million to Affle International.
- The acquisition aims to expand Affle's digital advertising reach and capabilities.
- Perion Network is an Israeli advertising technology company.
- The deal is subject to regulatory approvals and closing conditions.
Perion Network is being sold for $420 million to Affle International. The deal marks a significant exit for the Israeli advertising technology company. Perion Network, which specializes in search and advertising solutions, has been a publicly traded entity. Affle, a global technology company, is acquiring Perion to expand its reach and capabilities in the digital advertising space. The transaction is expected to be completed pending regulatory approvals and other customary closing conditions. Further details regarding the integration of Perion's operations into Affle are anticipated following the closure of the deal.
The same event, reported separately by each outlet. Open a few to compare what different newsrooms emphasize — and what they leave out.
Other 3
Not the same event — other stories that share this one’s people, places, or theme: background, reactions, and follow-ups.
