Affle Agrees to Acquire Perion in $420 Million All-Cash Transaction
Affle 3i Limited announced on November 1, 2026 that its Israel-based step-down subsidiary, Affle 3iL Ltd., has signed a definitive agreement to acquire Perion Network Ltd. for US$11.70 per share in an all-cash transaction valuing the advertising technology company at an implied equity value of approximately US$420 million. Under the agreement, Affle will acquire 100% of Perion's issued and outstanding shares, including unvested equity awards as per their vesting schedule. Perion stated in its…