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Shares of Adobe Systems Inc. should have more room to climb following recently announced job cuts, a Jefferies & Co. analyst said Wednesday.
Adobe Systems said Tuesday it is cutting 680 full-time jobs, or about 9 percent of its work force, to align costs with its fiscal 2010 budget.
Adobe Systems says developers for Apple's iPhone will be able to use its video-enabling software, Flash, to create applications for the device for the first time.
Adobe Systems Inc. is planning to buy Omniture Inc., a Web analytic software company, for about $1.8 billion. The deal, announced Tuesday, comes nearly four years after Adobe paid $3.4 billion for Macromedia Inc. — the company behind now well-known Adobe products such the Flash online animation and video software. Adobe CEO Shantanu Narayen discussed Adobe's plans for Omniture during the company's fiscal third-quarter earnings conference call.
Adobe Systems Inc. said Tuesday it will buy Web analytic software company Omniture Inc. for about $1.8 billion, giving the maker of content-creation software a way to let marketers measure the effectiveness of such content.
Adobe Systems Inc., the company whose software powers Flash animation and PDF documents, posted a sharp drop in its fiscal second-quarter profit and sales Tuesday amid weaker demand in the economic downturn.
Adobe Systems Inc. is extending its Flash platform to digital home entertainment devices like TV sets, Blu-ray players and set-top boxes.
Adobe Systems Inc., the company behind the popular Photoshop software, posted a decline in fiscal first-quarter profit and sales Tuesday, squeezed by the economic downturn.
Adobe Systems Inc. reports earnings for its fiscal first quarter, which ended Feb. 27, on Tuesday. The following is a summary of key developments and analyst opinion related to the period.
Adobe Systems Inc. late Wednesday warned that first-quarter revenue won't meet analysts' estimates amid a business downturn, but said earnings will still meet forecasts.
Shantanu Narayen, the chief executive of Acrobat software maker Adobe Systems Inc., was awarded compensation valued at $16.4 million in fiscal 2008, although the vast majority of that was in stock options that currently have little value.
Adobe Systems Inc., best known for its Photoshop and Acrobat software, said Tuesday its fiscal fourth-quarter profit grew 11 percent, at the high end of the guidance it gave this month.
Software maker Adobe Systems Inc. forecast fiscal fourth-quarter earnings of 39 to 41 cents per share and adjusted earnings of 51 to 53 cents per share Tuesday, in line with Wall Street estimates.
Publishing and design software maker Adobe Systems Inc. said Tuesday its profit fell 7 percent in its fiscal third quarter. But by the measures watched on Wall Street, earnings beat analysts' forecasts.
Bruce R. Chizen, the former chief executive of Adobe Systems Inc., has been named to an expanded board of another software company, Oracle Corp.
Adobe Systems Inc.'s profit rose 41 percent in the second quarter because of strong sales and booming demand in international markets.
Adobe Systems Inc. is launching a new version of its document sharing software Acrobat on Monday, and this time it can package videos.
Adobe Systems Inc. says it will license its video-enabling Flash software for free for mobile devices to help developers make mobile Internet experiences more closely resemble the experience on computers.
Shares of Adobe Systems Inc. climbed 13 percent Wednesday, a day after the software maker reported a 52 percent jump in its first-quarter profit amid strong demand for design tools like Photoshop, Illustrator and Dreamweaver and for its Acrobat publishing tool.
Microsoft Corp. is giving students free access to its most sophisticated tools for writing software and making media-rich Web sites, a move that intensifies its competition with Adobe Systems Inc. and could challenge open source software's popularity.
After a year of record revenue and the departure of a longtime CEO, executives at Adobe Systems Inc. say 2008 will bring additional product releases and the completion of an aggressive stock buyback program.
Adobe Systems Inc. and Yahoo Inc. plan to launch a service Thursday allowing publishers to insert advertisements into many online newsletters or other electronic documents.
Software maker Adobe Systems Inc. CEO Bruce Chizen said Monday he would step down, and President and Chief Operating Officer Shantanu Narayen will replace him on Dec. 1.
After a revenue surge that executives called "extraordinary," software maker Adobe Systems Inc. is promising to maintain scorching growth rates even as it winds down its biggest-ever product launch.
The European Commission said Thursday that software company Adobe Systems Inc. has not made any complaints so far about Microsoft Corp.'s plans to ship its new Office software without Adobe's PDF file reader.
Adobe Ships 'Highly Critical' Flash Player PatchAdobe Systems has shipped an extremely critical patch to correct at least nine cross-platform vulnerabilities in its ubiquitous Flash Player software.
Apple, Microsoft threatened with possible digital copyright lawsuitEvery day, people are coming up with new and exciting ways to interpret the Digital Millennium Copyright Act. Now, two DRM companies are taking on some technology heavyweights. Their claim? The media companies in their scopes have circumvented their protection schemes . . .
'Flash is the new publishing tool of the century'From the article: On meeting Mark Anders, the temptation to say, "Let's skip the introductions" is almost irresistible - for he's the senior principal scientist at Adobe Systems, where he's in charge of making Flash "a great platform for building the next generation of rich inter …
Adobe eyes fraud-busting tools for PhotoshopIn the near future, it could be a lot easier to see if those pictures of the person you've been talking to on Match.com have been retouched.
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