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Adobe Systems Inc (ADBE.O)

ADBE.O on Nasdaq

16 Aug 2017
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$1.44 (+0.96%)
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Latest Key Developments (Source: Significant Developments)

Adobe Systems Inc says it has acquired all Skybox Technology from Mettle
Wednesday, 21 Jun 2017 12:00pm EDT 

June 21 (Reuters) - Adobe Systems Inc :Adobe Systems Inc- announced it has acquired all Skybox Technology from Mettle.Adobe Systems Inc - Adobe will integrate skybox plugin functionality natively into future releases of premiere pro and after effects.Adobe Systems Inc - mettle co-founder chris bobotis will join adobe.  Full Article

Adobe Systems reports Q2 earnings per share $0.75
Tuesday, 20 Jun 2017 04:05pm EDT 

June 20 (Reuters) - Adobe Systems Inc -:Q2 revenue $1.77 billion versus I/B/E/S view $1.73 billion.Q2 gaap earnings per share $0.75.Q2 earnings per share view $0.95 -- Thomson Reuters I/B/E/S.Adobe Systems Inc qtrly diluted earnings per share was $0.75 on a gaap-basis, and $1.02 on a non-gaap basis.Adobe Systems Inc - qtrly deferred revenue $2.07 billion versus $1.68 billion.Q2 non-gaap earnings per share $1.02.Adobe Systems Inc- digital media annualized recurring revenue of $4.56 billion exiting quarter, a quarter-over-quarter increase of $312 million.  Full Article

Adobe's board elects Adobe CEO Shantanu Narayen as Chairman
Wednesday, 1 Feb 2017 04:05pm EST 

Adobe Systems Inc : Adobe's board of directors elects Adobe CEO Shantanu Narayen as Chairman . Adobe Systems Inc- Elected Shantanu Narayen as Chairman of board . Adobe Systems Inc - Narayen will continue in his role as President and CEO of Adobe .Adobe Systems Inc- Narayen succeeds co-chairs and co-founders of company, John Warnock and Chuck Geschke, who will remain on board.  Full Article

Adobe announces update to XML documentation add-on for Adobe Experience Manager
Tuesday, 31 Jan 2017 11:55am EST 

Adobe Systems Inc : Major update to XML documentation add-on for Adobe experience manager .Announced 2017 release of adobe technical communication suite.  Full Article

Surveymonkey says appoints Tom Hale as President
Thursday, 21 Jul 2016 06:16pm EDT 

Surveymonkey : Hale has served in senior positions at Linden Lab and Adobe systems .Surveymonkey says appoints Tom Hale as president.  Full Article

Adobe co-chairman John Warnock sells 2,000 shares of co's common stock
Thursday, 21 Jul 2016 04:12pm EDT 

Adobe Systems Inc :Co-Chairman, John Warnock reports open market sale of 2,000 shares of co's common stock at average price of $98.51/share on July 20.  Full Article

Adobe expects Q3 earnings per share of $0.46 to $0.52
Tuesday, 21 Jun 2016 04:24pm EDT 

Adobe Systems Inc: Sees Q3 revenue of $1.420 billion to $1.470 billion . Sees Q3 earnings per share (GAAP) of $0.46 to $0.52 . Sees Q3 non-GAAP earnings per share $0.69 to $0.75 . Q3 earnings per share view $0.71, revenue view $1.47 billion -- Thomson Reuters I/B/E/S . Expect net new Digital Media ARR of approximately $285 million in Q3 .Expect approximately 7% year-over-year revenue growth with Adobe Marketing Cloud in Q3.  Full Article

Adobe Systems Inc issues emergency update to Flash after ransomware attacks - Reuters News
Thursday, 7 Apr 2016 10:32pm EDT 

Adobe Systems Inc:Adobe Systems Inc issued an emergency update on Thursday to its widely used Flash software for Internet browsers after researchers discovered a security flaw that was being exploited to deliver ransomware to Windows PCs. - RTRS.The software maker urged the more than 1 billion users of Flash on Windows, Mac, Chrome and Linux computers to update the product as quickly as possible.after security researchers said the bug was being exploited in "drive-by" attacks that infect computers with ransomware when tainted websites are visited.Ransomware encrypts data, locking up computers, then demands payments that often range from $200 to $600 to unlock each infected PC.Japanese security software maker Trend Micro Inc said that it had warned Adobe that it had seen attackers exploiting the flaw to infect computers with a type of ransomware known as 'Cerber' as early as March 31.Cerber "has a 'voice' tactic that reads aloud the ransom note to create a sense of urgency and stir users to pay," Trend Micro said on its blog.Adobe's new patch fixes a previously unknown security flaw. Such bugs, known as "zero days," are highly prized because they are harder to defend against since software makers and security firms have not had time to figure out ways to block them.They are typically used by nation states for espionage and sabotage, not by cyber criminals who tend to use widely known bugs for their attacks.  Full Article

Accenture PLC and Adobe expand alliance to advance digital transformation for life science, healthcare, and financial services organizations
Thursday, 10 Dec 2015 06:33am EST 

Accenture PLC and Adobe:Says expansion of their global alliance to create and deliver digital marketing solutions for life science, healthcare, and financial services organizations in North America and Europe.Under a new three-year agreement, Accenture and Adobe will develop technology services and solutions designed to help customers in these particular industries drive greater marketing performance and efficiency.  Full Article

U.S. judge approves $415 mln settlement in tech worker lawsuit, which workers accused Apple Inc, Google Inc and Intel Corp and Adobe Systems Inc - Reuters
Wednesday, 2 Sep 2015 08:00pm EDT 

Adobe Systems Inc:A U.S. judge on Sept.2 granted final approval to a $415 million settlement that ends a high profile lawsuit in which workers accused Apple, Google and two other Silicon Valley companies of conspiring to hold down salaries - Reuters.The plaintiffs alleged that Apple Inc, Google Inc , Intel Corp and Adobe Systems Inc agreed to avoid poaching each other's employees, thus limiting job mobility and, as a result, keeping a lid on salaries - Reuters.In a ruling on Sept.2, U.S. District Judge Lucy Koh in San Jose, California, found the deal was fair to the thousands of plaintiff workers in the class action - Reuters.Attorneys representing those workers had asked for about $81 million in fees - Reuters.However, Koh decided such an award would be an inappropriate "windfall" for the lawyers, and awarded about $40 million instead - Reuters.The antitrust class action lawsuit was filed in 2011 - Reuters.The case was based largely on emails in which Apple co-founder Steve Jobs, former Google Chief Executive Officer Eric Schmidt and some of their rivals detailed plans to avoid poaching each other's prized engineers - Reuters.  Full Article

BRIEF-Adobe Systems to open up data science and algorithmic optimization capabilities in Adobe Target

* Adobe Systems Inc - to open up its data science and algorithmic optimization capabilities in Adobe Target, personalization engine of Adobe Marketing Cloud. Source text for Eikon: Further company coverage: