Full-Time
AI-driven ad-tech platform for cross-channel advertising
No salary listed
Remote in Canada
Remote
Remote or hybrid work is available across Canada or the United States.
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Perion Network is a digital advertising technology company that helps advertisers reach consumers across major online channels. It earns fees from advertisers and brands for using its technology to plan, buy, and optimize campaigns. The core platform, Perion One, uses AI to manage transactions between demand (advertisers) and supply (publishers) across display, search, social, video, Connected TV (CTV), and Digital Out-of-Home (DOOH), including a long-standing Bing search partnership. Perion expands its capabilities through acquisitions (Smilebox, Conduit’s ClientConnect, Undertone, Content IQ, Vidazoo, Hivestack, Greenbids) to broaden its reach in display, video, DOOH, and AI-powered optimization, reducing reliance on any single channel or partner. Its goal is to help marketing and advertising professionals optimize spend and maximize audience reach across multiple channels by delivering integrated, data-driven ad solutions.
Company Size
501-1,000
Company Stage
IPO
Headquarters
Holon, Israel
Founded
1999
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Hybrid Work Options
Wellness Program
Flexible Work Hours
Stratacache sell-off continuesperion acquires PRN. Another key Stratacache asset changes hands as Perion acquires PRN, one of North America's best-known in-store retail media operators. The deal expands Perion's omnichannel advertising platform into physical retail environments while marking the latest chapter in the gradual unwinding of Chris Riegel's digital signage and media empire. August 26, 2026 by Florian Rotberg The dismantling of Stratacache's media and software portfolio continues. Following the sale of digital signage software provider Scala to Vertiseit and the closure of several international subsidiaries, including operations in the UK and Canada, Stratacache has now divested another key asset: Premier Retail Networks (PRN). Israeli adtech company Perion Network has acquired PRN in an all-cash transaction valued at up to USD 12 million, further strengthening its position in the rapidly growing retail media and DooH sectors. Perion acquired various ad-tech business, among others also Hivestack. In-store media becomes strategic growth driver. PRN is one of North America's most established in-store retail media operators, managing exclusive multi-year media partnerships with several tier-one retailers. The company operates in-store retail media networks - with main focus on media sales. PRN is one of the industry's pioneers and has been sold a few times in the past decades. Stratacache acquired PRN from Thomson Technicolor in 2015. For Perion, the acquisition addresses a critical gap in its omnichannel advertising offering. While the company already has significant capabilities across programmatic DooH, connected TV (CTV), social media and commerce advertising, PRN extends its reach into physical retail environments where more than 80 percent of U.S. retail transactions still occur. Access to premium retail partnerships. The acquisition gives Perion access to a substantial network of exclusive retail media inventory, including: * A leading warehouse club's 4K TV network across more than 750 locations * A major big-box retail chain operating in over 4,500 stores * A national healthcare retailer with more than 2,200 locations These partnerships provide Perion with direct exposure to some of advertising's largest spending categories while expanding its footprint in one of the fastest-growing segments of the media industry. Connecting the full shopper journey. A key element of the deal is Perion's ambition to link its existing programmatic DooH platform with PRN's in-store media assets. The company envisions campaigns that guide consumers from awareness through to purchase, reaching audiences throughout the entire "last mile" journey. By integrating in-store inventory into its broader advertising stack, Perion aims to offer brands a single execution layer across CTV, social media, DOOH, commerce media and retail media networks. Over time, the company also plans to introduce programmatic capabilities into in-store environments while maintaining retailer control over content, frequency and customer experience. A new home for PRN. PRN CEO Kevin Carbone also emphasized the benefits of becoming part of Perion. "Marketers want to plan in-store advertising the way they plan every other channel," Carbone said. "Perion brings the demand and the execution to make that possible, while retailers maintain full control over the store environment." Following the acquisition, PRN will operate under the name Perion Retail Networks. Existing retailer and advertiser relationships are expected to continue without disruption. Another chapter in Stratacache's transformation. For Stratacache, the sale of PRN marks another significant step in the ongoing divestment of its portfolio businesses. Once assembled as a broad ecosystem of software, hardware, managed services and media companies under founder Chris Riegel, the group has been steadily reducing its corporate footprint over the past several months. Following the sale of Scala to Vertiseit and the closure of several international subsidiaries, the divestiture of PRN is the latest indication that Stratacache is continuing to unwind the expansive organization it built over the past two decades. While the company's long-term strategy remains unclear, the disposal of another high-profile asset further reshapes the landscape of the Stratacache empire. For Perion, meanwhile, the acquisition represents a relatively low-cost entry into premium retail media inventory with a business expected to contribute approximately USD 3 million in adjusted EBITDA by 2027, before synergies. The transaction for Nasdaq-listed Perion may be modest in size, but its strategic significance is considerably larger. As retail media increasingly moves beyond websites and apps into physical stores, Perion has secured a valuable position at the point where advertising and commerce ultimately converge: the shelf.
Perion has acquired PRN, a leading in-store retail media company, for up to $12 million in cash. The deal is expected to be accretive from closing and contribute approximately $3 million to Adjusted EBITDA in 2027. PRN operates exclusive multi-year partnerships with major North American retailers, including a top warehouse club across 750+ locations, a big-box retailer across 4,500+ stores, and a national healthcare retailer across 2,200+ stores. The acquisition gives Perion direct access to point-of-purchase advertising environments, extending its digital advertising solutions to the final layer before purchase. Physical retail accounts for more than 80% of US retail commerce. By combining PRN's in-store inventory with Perion's programmatic capabilities across CTV, digital out-of-home, and commerce channels, the company aims to capture larger advertiser budgets within the $70 billion US retail media market.
Perion Network reported Q2 earnings of $0.09 per share, significantly beating the Zacks Consensus Estimate of $0.02 per share. This represents a 350% earnings surprise. The digital media company posted revenues of $98.24 million for the quarter ended June 2026, surpassing estimates by 0.76%. However, earnings were down from $0.26 per share in the same quarter last year, when revenues stood at $102.98 million. The company has now exceeded consensus EPS estimates three times over the last four quarters. Perion Network shares have risen 2.4% since the start of the year, underperforming the S&P 500's 13.3% gain. The company currently holds a Zacks Rank of #4 (Sell), suggesting potential near-term underperformance based on unfavourable earnings estimate revision trends.
Perion delivers Programmatic Guaranteed for Digital-Out-Of-Home with Google's Display & Video 360. Perion's full-stack DOOH infrastructure now supports programmatic guaranteed deal execution directly within Display & Video 360, giving buyers access to premium inventory at a global scale Perion Marketing Published on 13th Jul 2026 Perion announces the general availability of Programmatic Guaranteed (PG) deal execution for its Digital-Out-Of-Home inventory within Google's Display & Video 360 Platform. As programmatic DOOH adoption accelerates, buyers increasingly require the certainty of guaranteed deal structures, such as fixed pricing, committed inventory, and predictable delivery, executed within their primary DSP. This evolution strengthens buyer confidence, allowing brands to secure top-tier placements at scale with programmatic guaranteed delivery. The set up requires no third-party intermediaries, enabling Media Owners to create and activate PG deals directly with Display & Video 360, with streamlined workflows and unified campaign management. This capability extends across Perion's global supply footprint, making premium programmatic guaranteed DOOH inventory accessible to Display & Video 360 buyers worldwide. Programmatic Guaranteed with Display & Video 360 is available now across Perion's full global DOOH supply footprint, inclusive of over 590 Media Owners on 1.6 Million screens across 40+ countries. "PMPs buying have been core to scaling programmatic DOOH. Enabling PG with Display & Video 360 gives buyers a tool that helps deliver with full confidence, especially in moments of inventory constraints, premium placement selection, hyper-targeting and short delivery windows. We're excited to see the momentum generated since adding this feature to our partnership" - Chris Allison VP Programmatic Marketplace. "Enabling Programmatic Guaranteed with Perion via Display & Video 360 is a significant milestone for programmatic DOOH, combining the certainty of direct buying with programmatic automation and traceability. Initially proven during high-demand events to secure premium locations, this approach aligns DOOH with standard digital buying practices. For advertisers, Programmatic Guaranteed (PG) via the Perion SSP enables seamless access to premium DOOH inventory directly from Display & Video 360, ensuring programmatic guaranteed placements and fixed costs. By streamlining operations, it allows brands to effortlessly integrate DOOH into their broader digital media mix - alongside display, video, and CTV - driving a more efficient and scalable omnichannel strategy." - Diana Fonseca, DOOH Sales Director, GPO Vallas.
Perion Network Ltd. has launched Ask Perion, an AI-powered self-service interface integrated into its Perion One platform, alongside a mobile app at Cannes Lions 2026. The solution combines an Insights Agent for campaign performance analysis and a Planning Agent that converts marketing objectives into cross-channel media plans. Separately, Perion announced a strategic partnership with Best Buy Canada on 16 June, becoming the technology provider for the retailer's in-store digital advertising network. Best Buy Canada will use Perion's Ad Server, SSP and Header Bidding capabilities to optimise programmatic digital signage operations. The moves expand Perion's presence in retail media and position the company as an AI-driven adtech provider offering omnichannel marketing solutions across CTV, retail media, digital out-of-home and social platforms.