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MN-75014

Seismic / HighspotMN-75014

View on ACCC

Processing timeline

23

days

Filed

12 May 2026

Seismic - Highspot - Phase 1 Determination

Decision

4 June 2026Seismic - Highspot - Phase 1 Determination
Type
Notification
Outcome
Approved
Stage
Phase 1 - initial assessment
Status
Assessment completed

Parties

Acquirer(s)

Seismic Software, Inc. Delaware File Number - 4832793

Target(s) or Vendor(s)

Highspot Inc. Delaware File Number - 5126410

Other parties

SEISMIC SOFTWARE PTY. LTD. ABN - 87 611 843 808, Helix Sub Inc. Delaware File Number - 10492811, HIGHSPOT AUSTRALIA PTY LTD ABN - 11 653 327 649, Helix Sub LLC Delaware File Number - 10492813

Summary

Seismic Software, Inc. proposes to acquire 100% of Highspot, Inc.'s share capital via merger. Both US-headquartered businesses supply AI-enhanced sales enablement software platforms to Australian and global customers. Permira Advisers LLP will remain Seismic's controlling shareholder.

Acquisition details

Seismic Software, Inc ( Seismic ) proposes to acquire 100% of the share capital of Highspot, Inc. ( Highspot ), via merger. Both Seismic and Highspot are US-headquartered businesses which offer sales enablement software platforms and products to Australian customers as well as globally. Sales enablement software helps improve enterprise sales teams’ performance by providing content management and collaboration capabilities, data analytics capabilities and learning and coaching modules to build sales skills. Both parties’ sales enablement platforms are enhanced by artificial intelligence. Both parties supply their products to customers across a range of industry sectors. Seismic is majority owned by Permira Advisers LLP ( Permira ). Permira would remain the controlling shareholder of Seismic following the proposed acquisition.

Industry

Broad:Technology, Media & TelecomsANZSIC 5420:Software PublishingANZSIC 6240:Financial Asset InvestingANZSIC 6962:Management Advice and Related Consulting Services

Decisions and key events

4 June 2026Seismic - Highspot - Phase 1 DeterminationAttachmentPDF155.6 KB

Other documents

12 May 2026Questionnaire - Seismic - HighspotAttachmentDOCX117.4 KB

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