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July 10, 2013 09:42 pm GMT
Conduit, the Israeli-based browser-toolbar and mobile startup estimated to be worth some $1.4 billion, has confirmed to us that it is splitting itself into two entities, but it declining still for now to say that it is purchasing Perion as part of the deal. We have also obtained employee memos from sources with more details about the changes; we are embedding those below.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/y5IyeSN6-9A/
Confirmed: $1.4B Mobile/Browser Toolbar Startup Conduit Is Splitting, Still Mum On Perion Acquisition
Conduit, the Israeli-based browser-toolbar and mobile startup estimated to be worth some $1.4 billion, has confirmed to us that it is splitting itself into two entities, but it declining still for now to say that it is purchasing Perion as part of the deal. We have also obtained employee memos from sources with more details about the changes; we are embedding those below.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/y5IyeSN6-9A/
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