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| Adobe Acquires Trade and Technologies France |
| Thursday, April 27, 2006 |
Press Release: SAN JOSE, Calif. — April 21, 2006 — Adobe Systems Incorporated (Nasdaq:ADBE) today announced it has acquired Trade and Technologies France (TTF), makers of computer-aided design (CAD) data interoperability software. The acquisition will help build on the existing 3D visualization and collaboration capabilities of Adobe® software and solutions for the manufacturing industry and other markets. Terms of the acquisition were not disclosed.
“We’re focused on delivering the benefits of Adobe software and PDF to customers in technical markets, including the manufacturing industry,” said Tom Hale, senior vice president, Knowledge Worker Solutions Business Unit, Adobe. “We anticipate the acquisition of TTF will help us significantly accelerate and expand that effort. The key technology and expertise we gain from TTF will help enable Adobe to provide manufacturing organizations even more comprehensive solutions for 3D visualization and collaboration that extend across and beyond the enterprise.”
TTF is a privately held company headquartered near Lyon, France. Along with the strong industry expertise of its staff, TTF’s technology includes CAD software interoperability translators and software libraries for high-end 3D visualization.
Forward Looking Statements Disclosure
This press release contains forward looking statements, including those related to future product development plans, which involve risks and uncertainties that could cause actual results to differ materially. For a discussion of these and other risks and uncertainties, individuals should refer to Adobe’s SEC filings. Adobe does not undertake an obligation to update forward looking statements.
About Adobe Systems Incorporated
Adobe revolutionizes how the world engages with ideas and information - anytime, anywhere and through any medium. For more information, visit www.adobe.com . |
posted by acca @ 2:01 AM   |
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