Announced
Financials
Tags
United States
Majority
Pending
Friendly
Single Bidder
online shopping
Cross Border
Acquisition
Private
retail data
comparison services
Digital Services
Synopsis
Taboola, a public advertising company, agreed to acquire Connexity, an operator of shopping websites, from Symphony Technology Group, a private equity firm, for $800m. “Today, our vision of helping brands easily connect with customers and helping publishers grow gets supercharged with Taboola. This is a shared vision for both companies, which makes this deal a natural fit and a huge win for both of our customer sets. I want to thank all of the team members as well as our loyal customers and partners who have helped Connexity pioneer its space and grow over the past 20 years," Bill Glass, Connexity CEO.
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