Affle 3i is set to acquire Israel-based Perion Network in an all-cash deal valued at $420 million, according to the information provided. The transaction is expected to strengthen Affle’s presence in developed markets.
The acquisition marks a significant move for the company as it looks to expand its global footprint. No further details on the deal structure or shareholder payout were provided in the raw input.
At present, the only confirmed detail is that the acquisition will boost Affle’s reach in developed markets. Further terms of the transaction were not included in the source material.
