Perion Network completed the acquisition of Hivestack for $125m.

Perion Network, an Israel-based technology company, completed the acquisition of Hivestack, a global, full stack, adtech company, for $125m. "We are excited about the acquisition of Hivestack, which both complements and advances our long-term growth strategy. Hivestack’s DOOH technology platform stands out by offering brands and advertisers what they crave the most: high-visibility creative, precise targeting, immediate impact, wide reach and measurement. In addition to advancing our diversification strategy, this transaction aligns with our objective to expand our technological capabilities and product offerings, and we will continue to pursue additional inorganic growth opportunities," Tal Jacobson, Perion Network CEO.