*PERION ACQUIRES AN ADVANCED AI COMPANY TO ACCELERATE MARKET SHARE EXPANSION AND GROWTH
*PERION NETWORK LTD: ACQUISITION OF GREENBIDS
*PERION NETWORK LTD: TRANSACTION TERMS INCLUDE $27.5 MILLION IN CASH PAID UPON CLOSING
*PERION NETWORK : TRANSACTION TERMS INCLUDE TWO-YEAR CASH EARNOUT OF $22.5 MILLION, AND A 3-YEAR EMPLOYEE RETENTION OF $15 MILLION IN CASH AND EQUITY
*PERION NETWORK LTD: TRANSACTION IS EXPECTED TO BE ACCRETIVE TO PERION'S ADJUSTED EBITDA AND MARGINS FROM DAY ONE
((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 13-MAY-202511:00:01.01 GMT