Adobe to buy Semrush in $1.9 billion deal, seeks to boost AI marketing — What we know

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Adobe will acquire Semrush for $1.9 billion to enhance its marketing tools and generative AI products. The deal, at $12 per share, represents a 77.5% premium, with Semrush shares rising 75% in premarket trading. The acquisition is expected to close in the first half of next year.