Hivestack by Perion, a privately owned company and a subsidiary of Perion Network, is headquartered in Canada. Founded in 2017, the company employs approximately 180 individuals. Specializing in RTB and programmatic solutions, Hivestack functions as an adtech company that powers both the buy and sell sides of programmatic digital out-of-home (DOOH) advertising. On the buy side, marketers utilize Hivestack’s Demand Side Platform (DSP) for campaigns that activate DOOH screens in real-time, based on consumer behavior and audience movement patterns. On the sell side, DOOH media owners leverage Hivestack’s Supply Side Platform (SSP) and Ad Exchange to attract programmatic revenue, and can also use its Ad Server to power impression-based, directly sold campaigns.
On August 27, 2026, Perion completed its acquisition of in-store retail media company PRN for up to $12 million in cash. This transaction expands Perion's digital out-of-home and retail media capabilities across thousands of retail locations and major North American retailers, giving the company access to a network of in-store screens positioned near the point of purchase. The acquisition, which accelerates Perion’s in-store retail media DOOH reach and is expected to be immediately accretive, was also noted in broader tech M&A news earlier on August 27. Perion had initially announced the acquisition on August 26, 2026, highlighting PRN's exclusive multi-year partnerships with some of North America’s largest retailers. Also on August 26, Perion’s VP of CTV sales and strategy, Todd Cohen, discussed the collision of retail's connected TV budgets with a $10.8 billion political cycle, emphasizing the need for in-flight management in holiday media plans.
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Hivestack by Perion offers 2 products in the ad tech and services industry. Hivestack by Perion's product portfolio comprises of RTB and programmatic.
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Hivestack by Perion's revenues were less than $50M in 2024. Caretta Research has split Hivestack by Perion's revenue into 2 different product categories, the largest of which is demand side platform (DSP). For full access to Hivestack by Perion's revenue breakdown subscribe to Caretta Portal.
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