Perion Network Ltd. (NASDAQ: PERI), a Tel Aviv, Israel-based technology company that delivers advertising solutions to brands and publishers, acquired Content IQ, a New York City based digital publishing orchestration system provider.

Under the terms of the agreement, Perion acquired all the shares of CIQ for a total consideration of $73.05 million.

As part of the total consideration, there is a maximum of $47.05 million in earn-outs over a period of two years.

As part of its integration plan, Perion will relocate the CIQ New York operations into its New York offices.

Led by Doron Gerstel, CEO, Perion is a global technology company that delivers its Synchronized Digital Branding solution across ad search, social media and display/video advertising. | To read full story, visit https://startuparound.com/read/1578997807.5691059/Perion-Buys-Content-IQ,-For-Over-USD73M?ref=audio_experience