BusinessQuiet 13d · day 13
Affle acquires Israeli ad-tech firm Perion for $420M in all-cash deal
India's Affle buys Perion Network to expand its programmatic advertising business into developed markets.
What to know
- Affle, a GIC-backed Indian ad-tech company, is acquiring Perion Network for $420 million in an all-cash deal.
- Perion, once valued at over $1 billion, is experiencing a steep valuation decline through this transaction.
- The deal positions Affle to expand its CPCU (cost-per-completed-view) advertising business into developed markets.
Affle Acquirer, Indian ad-tech companyPerion Network Target company, Israeli ad-tech firmGIC Backer of Affle
How it unfolded 1 development · click the chart to see its coverage articles
Nov 2Nov 3Nov 4Nov 5Nov 6Nov 7Nov 8Nov 9Nov 10Nov 11yesterdaynow · 9:55 PM ET
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Affle announces definitive merger agreement to acquire Perion for $420M
Affle, a GIC-backed Indian ad-tech company, entered into a definitive merger agreement to acquire Israel's Perion Network for approximately $420 million in an all-cash deal. The acquisition is designed to scale Affle's CPCU business across developed markets.
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5 outlets Affle acquires Perion Network for $420m
first by Globes - Israel Business News, 12d ago · also VCCircle, Seeking Alpha, TradingView, Indian Television Dot Com
5 more headlines
- GIC-backed Affle inks $420 mn deal to acquire Israel's Perion VCCircle · 12d ago
- Affle to acquire Perion for $420M in all-cash deal (PERI:NASDAQ) Seeking Alpha · 12d ago
- Affle To Acquire Perion, At A Deal Valuing Perion At Implied Equity Value Of US$ 420 Mln TradingView · 12d ago
- Affle snaps up Israel’s Perion Network in $420m cash deal to supercharge global ad-tech reach Indian Television Dot Com · 12d ago
- Affle to acquire Perion for $420M in all-cash deal Seeking Alpha · 12d ago
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first by AdExchanger, 12d ago · also Kalkine Media, CTech
2 more headlines
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