
Perion to acquire PRN for up to $12 million
Perion (NASDAQ:PERI) agreed to acquire PRN, an in-store retail media company, in a transaction valued at up to $12 million in cash to expand its presence in the retail media market.
Perion Network (NASDAQ:PERI), a digital advertising technology provider specializing in AI-native execution infrastructure, disclosed its financial results for the first quarter ended March 31, 2026, highlighting a heavy structural transition toward automated marketing tools.
Tel Aviv and New York-based Perion Network (NASDAQ:PERI) reported fourth-quarter financial results that showcased a significant recovery in profitability.