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Affle to acquire Perion for $420M, enhancing AI-driven advertising and global reach.

Company Fundamentals
01 Nov 2026, 18:47 WIB
PRNewsWire
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Bullish
Affle to acquire Perion for $420M, enhancing AI-driven advertising and global reach.

Affle 3i Limited announced it will acquire Perion Network Limited for approximately $420 million in an all-cash deal valuing Perion shares at $11.70 each. The acquisition will combine Affle's AI-powered mobile marketing strengths with Perion's omnichannel advertising technology, expanding their global footprint and enhancing consumer conversion capabilities across multiple digital channels. The deal is expected to close in early 2027, pending regulatory and shareholder approvals, and aims to drive significant synergies, improved profitability, and long-term value creation for both companies' stakeholders.

Affle's planned acquisition of Perion is presented here with Technology-sector market data from Pluang as of Nov 01, 2026 23:41 WIB. On that day, out of 150 priced US Technology stocks, 26 rose and 124 fell. Notable movers include Applovin Corporation (APP) at USD 228.49 with a 1-day change of -10.36% and a typical hold time on Pluang of 23 days, and Marvell Technology Inc (MRVL) at USD 196.40 with a 1-day change of -10.05%.

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