Yext To Acquire Hearsay Systems For $125M And Up To $95M If Certain Performance Targets Are Achieved
Portfolio Pulse from Benzinga Newsdesk
Yext has announced its acquisition of Hearsay Systems for $125 million, with an additional $95 million contingent on performance targets.
June 10, 2024 | 8:13 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Yext has announced its acquisition of Hearsay Systems for $125 million, with an additional $95 million contingent on performance targets. This acquisition could enhance Yext's product offerings and market position.
The acquisition of Hearsay Systems is likely to enhance Yext's product offerings and market position, which could positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100