Thursday, December 11, 2014

Software: Adobe buys Agency Fotolia 800 million – Reuters

The Adobe logo at the Headquarters in San Jose, California, USA: The company announced the acquisition of the Agency Fotolia 800 million dollars. Source: AP

Bangalore The software maker Adobe Systems acquired the site! Fotolia. Adobe place for the purchase $ 800 million on the table, the US company said on Thursday. Fotolia is an American online marketplace for royalty-free photos, graphics and videos. To the owners of one of the private equity firm KKR.

The Adobe shares rose in after-hours trading then by almost eight percent. In addition, Adobe, who is best known for its PDF Adobe Reader program, announced its results for the fourth quarter known. The software maker raised its net profit to 73.3 million from $ 65.3 million in the same period last year.

Adobe has realigned recently. Computer users who want to work with programs such as Photoshop, Illustrator or Flash acquire it for some time at Adobe no more licenses, but buy on the net a subscription.

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