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Affle Agrees to Buy Perion Network Ltd. in an All-Cash Deal Valued at About $420 Million

The proposed combination would bring Affle’s mobile marketing business together with Perion’s connected-TV and retail-media capabilities.

Updated 1 min read
Commuters pass the Landmark Building housing Perion Network’s headquarters in Tel Aviv-Jaffa, Israel. (AI-generated image / EconoTimes)
Commuters pass the Landmark Building housing Perion Network’s headquarters in Tel Aviv-Jaffa, Israel. (AI-generated image / EconoTimes)

Affle’s agreement to buy Perion Network Ltd. puts a roughly $420 million all-cash transaction on the table and would extend Affle’s digital advertising reach into connected TV and retail media.

Perion operates in digital advertising technology. The proposed expansion also spans other digital advertising channels.

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