Perion Network Acquires Undertone Networks for $180,000,000

  • Feed Type
  • Date
    12/1/2015
  • Company Name
    Undertone Networks
  • Mailing Address
    270 Madison Avenue New York, NY 10016 USA
  • Company Description
    Undertone Networks, an Intercept Interactive company, is a premier online advertising network comprised of today’s top media properties. Undertone provides online solutions that help advertisers achieve their brand and performance-based initiatives via a comprehensive selection of ad formats, rich media, targeting capabilities and personalized service.
  • Website
    http://www.undertonenetworks.com
  • Transaction Type
    M&A
  • Transaction Amount
    $180,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The all-cash deal includes the assumption of Undertone’s existing $50 million in long-term debt.

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