M&A Deal Summary

OpenWeb Acquires Jeeng

On January 26, 2023, OpenWeb acquired information technology company Jeeng from PowerInbox

Acquisition Highlights
  • This is OpenWeb’s 1st transaction in the Information Technology sector.
  • This is OpenWeb’s 1st transaction in Israel.

M&A Deal Summary
Date 2023-01-26
Target Jeeng
Sector Information Technology
Buyer(s) OpenWeb
Sellers(s) PowerInbox
Deal Type Divestiture

Target

Jeeng

Tel Aviv, Israel
website
Jeeng provides personalized, automated, and multichannel messaging solutions allowing publishers to drive new revenue with personalized audience engagement. Jeeng is based in Tel Aviv, Israel.

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Buyer(S) 1

Buyer

OpenWeb

New York, New York, United States

website

Category Company
Founded 2012
Sector Internet Software and Services
Employees150
DESCRIPTION

OpenWeb is an audience relationship platform. OpenWeb partners with publishers and brands to build strong, direct relationships with their audiences. OpenWeb's technology empowers its partners to build vibrant communities rooted in healthy conversations and robust social experiences. OpenWeb works with more than 1,000 top-tier publishers, hosting more than 100 million active users each month. OpenWeb was founded in 2012 and is based in New York City.

DEAL STATS #
Overall 3 of 3
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
Country (Israel) 1 of 1
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-12 Adyoulike

Paris, France

Adyoulike is an omnichannel digital advertising marketplace bringing together top-tier media, unique formats, and inspiring ads, working with more than 4,000 publishers and 20,000 active advertisers. Adyoulike was formed in 2014 and is based in Paris.

Buy -

Seller(S) 1

SELLER

PowerInbox

New York, New York, United States

website

Category Company
Founded 2011
Sector Information Technology
DESCRIPTION

PowerInbox is a provider of higher click-through rates by combining personalization, real-time capabilities and dynamic animation with geographic targeting. PowerInbox was founded in 2011 and is based in New York.

DEAL STATS #
Overall 2 of 2
Sector (Information Technology) 2 of 2
Type (Divestiture) 2 of 2
Country (Israel) 1 of 1
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-07 Jeeng

Tel Aviv, Israel

Jeeng provides personalized, automated, and multichannel messaging solutions allowing publishers to drive new revenue with personalized audience engagement. Jeeng is based in Tel Aviv, Israel.

Buy -
Mergr

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