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In July 2018, Docusign acquired SpringCM for $220 million. [45] In February 2020, Docusign acquired Seal Software for $188 million. [46] On June 1, 2021, DocuSign acquired Clause, a smart legal contract technology startup. [47] [48] The company acquired Lexion, an AI-powered agreement management tool, in May 2024 for a reported $165 million. [49]
In May 2003, Adobe acquired Syntrillium Software and its digital audio editor software Cool Edit Pro, and merged it into its product line, re-releasing it as Adobe Audition. [ 8 ] In the 1990s, Adobe purchased a minority stake in four companies, and it purchased a stake in one company in the 2000s.
Adobe announced a $20 billion acquisition of Figma, an Adobe XD competitor, in September 2022, [73] its largest to date. [74] Regulatory scrutiny from the US and European Union began shortly after due to concerns that Adobe, already a major player in the design software market with XD, would have too much control if it also owned Figma.
Docusign mainly attributed that slowdown to the macro headwinds that drove many companies to rein in their software spending, but it also faces a lot of competition from Adobe, Dropbox, and other ...
DocuSign generated $234.3 million of operating cash flow in the quarter, with free cash flow of $210.7 million. It ended the quarter with cash and investments of $1.1 billion and zero debt after ...
Shares of Docusign (NASDAQ: DOCU) surged around 28.7% on Friday, as of 1:13 p.m. ET. The company released third-quarter earnings last night, beating analyst estimates and guiding for a stronger ...