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Adobe announced a deal to acquire Frame.io, a cloud-based video collaboration platform, in a transaction worth $1.275 billion. Adobe said the deal is expected close during the fourth quarter of ...
Adobe announced today it is acquiring Frame.io, a video review and collaboration platform used by over a million customers, for $1.275 billion in cash. Founded in 2014 by post-production company ...
Adobe (ADBE) acquires Frame.io to create a collaboration platform and add strength to the video editing process.
On August 19, 2021, Adobe announced it had entered into a definitive agreement to acquire Frame.io, a leading cloud-based video collaboration platform. The transaction is valued at $1.275 billion and closed during the fourth quarter of Adobe's 2021 fiscal year. [72]
In October 1995, Adobe acquired the desktop publishing software company Frame Technology for US$566 million, and re-branded its FrameMaker software to Adobe FrameMaker. [6] Adobe acquired GoLive Systems in January 1999 and obtained its CyberStudio HTML editor software, releasing it as Adobe GoLive . [ 7 ]
Adobe Creative Cloud is a set of applications and services from Adobe that gives subscribers access to a collection of software used for graphic design, video editing, web development, photography, along with a set of mobile applications and also some optional cloud services. In Creative Cloud, a monthly or annual subscription service is ...
Serious Magic Incorporated is a software company based in Folsom, California, founded in 2001. [1] It was targeted towards making of video software and communications tools for creative professional, business, consumer, and education markets. [2]
At Adobe's share price of $493.10, the company is on track to lose nearly $25 billion in market value if losses hold. The stock has fallen about 8% so far this year, compared with the S&P 500 ...