Publicis Groupe has entered into an agreement to acquire LiveRamp, a global data collaboration platform, for a total enterprise value of $2.167 billion in an all-cash transaction.
The acquisition price of $38.50 per share represents a 29.8% premium to LiveRamp’s closing share price on May 15, 2026, the last trading day prior to the announcement.
LiveRamp connects over 25,000 publisher domains and 500+ technology and data partners across 14 markets, and enables brands, retailers, media platforms, and data providers to collaborate and connect data. The company has 1,300 employees and has delivered a trailing five-year CAGR of 13%.
“LiveRamp joining Publicis Groupe is the latest demonstration of our commitment to investing in new talent and innovation, ahead of market shifts,” said Arthur Sadoun, Chairman and CEO, Publicis Groupe.
“After acquiring Epsilon in 2019 in the name of personalization at scale and enabling our clients to take back control of their data from the walled gardens, by shifting from cookies to identity, once again we are looking ahead to what’s next. By building the future of data co-creation, we’re empowering our clients to generate new, exclusive and proprietary data, to build the smartest, most differentiated AI agents on top of the leading LLMs.”
“We are thrilled to announce our agreement with Publicis, marking the beginning of an exciting new chapter for LiveRamp and all our stakeholders,” said Scott Howe, CEO, LiveRamp.
“Our customers and partners have always been our North Star, and by joining forces with Publicis, we will have greater resources and flexibility to scale our business, continue innovating our platform, and help them unlock even greater value from their data.”
