Perion completes merger with Conduit's toolbar unit

|About: Perion Network Ltd. (PERI)|By:, SA News Editor

Perion Network (PERI) completes the acquisition of Conduit's ClientConnect business in an all-stock deal it hopes will position it as a leader in the software distribution ecosystem.

As a platform for toolbar syndication, Conduit earned more than triple PERI's revenue last year.