Adobe Acquires Fotolia For $800M In Cash

By Amos Struck

Adobe Acquires Fotolia For $800M In Cash

As part of their quarterly earnings announcement, Adobe last night also made public their agreement to acquire Fotolia. For the acquisition, Adobe states it will pay $800 million in cash.

Adobe is the global leading software company for creative solutions including Lightroom, Photoshop, Illustrator and Premiere. Fotolia is one of the leading micrstock agencies, offering more than 34 million files created and submitted by thousands of creatives from around the globe.

The background for the acquisition

Adobe is in the process of moving from selling …read more

Via: Stockphoto press


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