Perion Network Acquires Undertone Networks for $180,000,000
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d0b47983-78c5-48d6-9459-71e3f7fc56fe - 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.
