On the occasion of news that Adobe is in the process of purchasing Semrush, which has offices in Limassol, in a $1.9 billion deal, we look at some of the reasons why the company chose to set up a presence in Cyprus through a video created on the occasion of Semrush being presented with an Invest Cyprus International Investment Award earlier this year.
Noting that Semrush has headquarters in Boston and offices in the US, the Netherlands, Germany, Spain, the Czech Republic, Serbia, and Armenia, as well as Cyprus, Vice President of Product Growth Danil Shelekhov said that the company had been in Limassol for 10 years, adding that "the international diversity of Cyprus very much aligns with our core values."
Speaking to the IMH camera, Shelekhov noted that Cyprus' favourable immigration framework had allowed Semrush to relocate, recruit, and acquire top talents and high-skilled professionals.
Among other things, Shelekhov also underlined, "Doing business in Cyprus is amazing right now. We very much value the collaborative approach and government efforts such as tax incentives, housing subsidies, and healthcare programmes. This helps the country to be a competitive, growing technology hub in this growing economy and competitive environment."
You can watch the interview below:
About Semrush
Semrush is a leading SaaS platform for online visibility management, helping businesses worldwide achieve measurable results in SEO, PPC, content marketing, social media and competitive research. Founded in 2008 and headquartered in Boston, USA, Semrush has offices in 12 global cities, including Limassol, Cyprus where it has been present since 2015. Cyprus appealed to Semrush for its international diversity, which aligns with the company’s core values, and its favourable immigration framework that supports the relocation of skilled professionals. Beyond business, it actively engages with the community, supports civic initiatives, contributes to charitable causes and helps foster the local IT ecosystem.
Also read: Adobe to buy Limassol-based Semrush for $1.9 billion
