Top Alpha
Contrarian, long-term horizon, tech, biotech

The 'New' Perion - What Does The Future Hold For It?

Until recently, Perion (NASDAQ:PERI), previously known as Incredimail, was a relatively small and little-known internet company deriving its living from online advertisement, PPC (Pay Per Click), Google (NASDAQ:GOOG) Adwords, Yahoo (NASDAQ:YHOO), Bing (NASDAQ:MSFT) and more.

This article is based on the information provided in the recent 20-F form

Acquisitions, acquisitions, acquisitions - is it a hubris?

Josef Mandelbaum, the current CEO, has joined the company in the summer of 2010. Since then, Perion has acquired Smilebox in 2011 and SweetIM in 2012, bringing its revenue from $30 million in 2010 to $105 million in 2013. In early 2014, Perion has finalized its latest, and by far the biggest, acquisition of ClientConnect (NYSE:...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details