Wednesday, February 19, 2020
The purpose of this structural shakeup is to pave the way for a reverse merger. The new entity will see Conduit handling toolbars and Perions activities in the form of an old/new company already listed on the NASDAQ
According to several reports by various sources, it seems Boxee is ready to announce its sale in the coming days
While everyone is celebrating the largest mobile acquisition in history, and all the millions of dollars that are now filling the pockets of investors, entrepreneurs, employees and of course, the Israeli economy - it’s also important to understand the implications of the $1.1B dollar deal on the startup ecosystem, which includes entrepreneurs, developers and investors, both in Israel and abroad.