Microsoft to buy Adobe?

Microsoft are rumoured to buy Adobe.

@anthony256
Published Thu, Oct 7 2010 7:39 PM CDT   |   Updated Tue, Nov 3 2020 12:33 PM CST
Right now there's no confirmation, but the one thing that should interest you is the news caused Adobe Systems stock to rise 17% before falling slightly down to 11.5% higher than before the rumour. Microsoft shares rose by 0.4%.

Microsoft to buy Adobe? | TweakTown.com


News broke from The New York Times as they reported Microsoft CEO Steve Ballmer had a secret meeting with Adobe CEO Shantanu Narayen at Adobe's San Fransisco offices "recently".

The two had supposedly talked about Apple's dominance in mobile phones and discussed various options to attack that, with the inclusion of Microsoft purchasing Adobe.

Both Microsoft and Adobe have declined comment.

A deal like this could be worth north of $15 billion based on Adobe's current market value - it would also give Microsoft a much large piece of the Internet media and mobile platform pies by getting Adobe's obviously popular Flash player - which is used by millions in websites for video and graphics.
NEWS SOURCE:itnews.com.au

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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