This document summarizes the SemEval 2012 task on semantic textual similarity. It describes the motivation for the task as measuring similarity between text fragments on a graded scale. It then outlines the datasets used, including the MSR paraphrase corpus, MSR video corpus, WMT evaluation data, and OntoNotes word sense data. It also discusses the annotation process, which involved a pilot with authors and crowdsourcing through Mechanical Turk. The results showed most systems performed better than baselines and the best systems achieved correlations over 0.8 with human judgments.