Brief: Doubleverify Extends Leadership In Independent Ai Powered Campaign Optimization Solutions With Agreement To Acquire Scibids

DoubleVerify Holdings

31/07/2023 21:18

July 31 (Reuters) - DoubleVerify Holdings Inc  DV.N :
    * DOUBLEVERIFY EXTENDS LEADERSHIP IN INDEPENDENT AI POWERED
CAMPAIGN OPTIMIZATION SOLUTIONS WITH AGREEMENT TO ACQUIRE
SCIBIDS
    * DOUBLEVERIFY HOLDINGS INC - ACQUISITION OF SCIBIDS IS A
CASH AND
STOCK TRANSACTION VALUED AT $125 MILLION
    * DOUBLEVERIFY HOLDINGS INC - TRANSACTION IS ANTICIPATED TO
CLOSE
IN Q3
    * DOUBLEVERIFY HOLDINGS INC - TERMS OF TRANSACTION INCLUDE
POTENTIAL ADDITIONAL CONSIDERATION BASED ON ACHIEVEMENT OF
CERTAIN PERFORMANCE MILESTONES

Source text for Eikon:  ID:nBwch8l9Ya 
Further company coverage:  DV.N