Perion Acquires An Advanced AI Company To Accelerate Market Share Expansion And Growth
ReutersMay 13, 2025 11:52 AM
May 13 (Reuters) - Perion Network Ltd PERI.TA:
PERION ACQUIRES AN ADVANCED AI COMPANY TO ACCELERATE MARKET SHARE EXPANSION AND GROWTH
PERION NETWORK LTD: ACQUISITION OF GREENBIDS
PERION NETWORK LTD: TRANSACTION TERMS INCLUDE $27.5 MILLION IN CASH PAID UPON CLOSING
PERION NETWORK : TRANSACTION TERMS INCLUDE TWO-YEAR CASH EARNOUT OF $22.5 MILLION, AND A 3-YEAR EMPLOYEE RETENTION OF $15 MILLION IN CASH AND EQUITY
PERION NETWORK LTD: TRANSACTION IS EXPECTED TO BE ACCRETIVE TO PERION'S ADJUSTED EBITDA AND MARGINS FROM DAY ONE
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