Overview
- Adobe and Semrush announced an all-cash agreement at $12 per share, valuing the SEO and digital marketing firm at about $1.9 billion.
- The price reflects roughly a 77.5% premium to Semrush’s prior close, and the companies expect the transaction to close in the first half of next year pending regulatory and shareholder approvals.
- Semrush shares surged more than 50% in premarket trading following the announcement, reflecting investor enthusiasm for the deal.
- Semrush’s platform spans SEO, social-media research and digital advertising, with recent tools to measure visibility across large language models such as ChatGPT, Gemini and Perplexity; customers include TikTok and Amazon.
- Adobe frames the acquisition as a way to expand its marketing and analytics portfolio, adding brand-visibility insights to Adobe Experience Cloud as it pursues clearer returns from AI investments.