The $1.9bn Land Grab: Why Adobe’s Acquisition of Semrush Changes Everything for Digital Asset Valuations
Adobe→Semrush
May 6, 2026

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Origination in the Age of AI.
IREN has acquired Mirantis, a enterprise software business in New York, for $625 million. IREN acquisitions bring Mirantis’s cloud infrastructure and Kubernetes-based orchestration and enterprise support services into its AI Cloud delivery platform. Mirantis serves more than 1,500 enterprise customers globally and offers the k0rdent AI platform to manage AI infrastructure across bare metal, virtual machines, and Kubernetes environments. The platform acquisition is structured as a standalone subsidiary within IREN and is expected to expand deployment capability, operational visibility, customer support, and market access for AI workloads. The technology M&A deal is a public company acquisition with consideration paid in IREN ordinary shares, supporting platform acquisition strategy for enterprise software and technology deals NY.
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Adobe→Semrush
May 6, 2026
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