Affle buys Perion for $420 million, Intel's Kiryat Gat plant restarts, Bites raises $40 million
India's Affle agrees to buy Perion for about $420 million in cash, Intel restarts production at Kiryat Gat as Israeli staff worry about layoffs, and Bites raises a $40 million Series A.
Affle agrees to buy Perion for about $420 million in cash - The $11.70-a-share price is a 34.5% premium, and Perion held about $228 million in cash and securities.
Sources: Globes, CTech, Walla
Intel restarts production at Kiryat Gat as Israeli staff fear layoffs - Intel employs about 8,000 people in Israel, its largest tech employer.
Sources: Ynetnews
Bites raises a $40 million Series A led by PeakSpan…
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