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41 Facts About Adobe Inc
Adobe Inc expanded into digital marketing software and in 2021 was considered one of the top global leaders in Customer Experience Management.
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The name of the company, Adobe Inc, comes from Adobe Inc Creek in Los Altos, California, which ran behind Warnock's house.
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In 1989, Adobe Inc introduced what was to become its flagship product, a graphics editing program for the Macintosh called Photoshop.
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In 1993, Adobe Inc introduced PDF, the Portable Document Format, and its Adobe Inc Acrobat and Reader software.
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In May 2003, Adobe Inc purchased audio editing and multitrack recording software Cool Edit Pro from Syntrillium Software for $16.
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On December 3, 2005, Adobe Inc acquired its main rival, Macromedia, in a stock swap valued at about $3.
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Adobe Inc offered a discount on Dreamweaver for GoLive users and supports those who still use GoLive with online tutorials and migration assistance.
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On December 3, 2008, Adobe Inc laid off 600 of its employees citing the weak economic environment.
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On September 15, 2009, Adobe Inc Systems announced that it would acquire online marketing and web analytics company Omniture for $1.
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Adobe Inc's 2010 was marked by continuing front-and-back arguments with Apple over the latter's non-support for Adobe Inc Flash on its iPhone, iPad and other products.
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Former Apple CEO Steve Jobs claimed that Flash was not reliable or secure enough, while Adobe Inc executives have argued that Apple wish to maintain control over the iOS platform.
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In July 2010, Adobe Inc bought Day Software integrating their line of CQ Products: WCM, DAM, SOCO, and Mobile.
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In January 2011, Adobe acquired DemDex, Inc with the intent of adding DemDex's audience-optimization software to its online marketing suite.
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In October 2011, Adobe Inc acquired Nitobi Software, the makers of the mobile application development framework PhoneGap.
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In November 2011, Adobe Inc announced that they would cease development of Flash for mobile devices following version 11.
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In December 2011, Adobe Inc announced that it entered into a definitive agreement to acquire privately held Efficient Frontier.
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In December 2012, Adobe Inc opened a new 280, 000-square-foot corporate campus in Lehi, Utah.
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In May 2018, Adobe Inc stated they would buy e-commerce services provider Magento Commerce from private equity firm Permira for $1.
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In September 2018, Adobe Inc announced its acquisition of marketing automation software company Marketo.
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In January 2019, Adobe Inc announced its acquisition of 3D texturing company Allegorithmic.
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On September 15, 2021, Adobe Inc formally announced that it will add payment services to its e-commerce platform this year, allowing merchants on their platform a method to accept payments including credit cards and PayPal.
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In September 2022, Adobe Inc announced that it had agreed to buy the software design start-up Figma for $20billion.
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Adobe Inc's currently supported roster of software, online services and file formats comprises the following:.
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In 2015, Adobe Inc acquired Fotolia, a stock content marketplace founded in 2005 by Thibaud Elziere, Oleg Tscheltzoff, and Patrick Chassany which operated in 23 countries.
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In March 2019, Adobe Inc released its Adobe Inc Experience Platform, which consists family of content, development, and customer relationship management products, with what it calls the "next generation" of its Sensei artificial intelligence and machine learning framework.
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Adobe Inc received a five-star rating from the Electronic Frontier Foundation with regards to its handling of government data requests in 2017.
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Adobe Inc has been criticized for its pricing practices, with retail prices being up to twice as much in non-US countries.
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Observers noted that Adobe was spying on its customers by including spyware in the Creative Suite 3 software and quietly sending user data to a firm named Omniture.
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When users became aware, Adobe Inc explained what the suspicious software did and admitted that they: "could and should do a better job taking security concerns into account".
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Adobe Inc later admitted that 38 million active users have been affected and the attackers obtained access to their IDs and encrypted passwords, as well as to many inactive Adobe Inc accounts.
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Adobe Inc did not make it clear if all the personal information was encrypted, such as email addresses and physical addresses, though data privacy laws in 44 states require this information to be encrypted.
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LastPass, a password security firm, said that Adobe Inc failed to use best practices for securing the passwords and has not salted them.
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Adobe Inc offered its affected US customers a free membership in a credit monitoring service, but no similar arrangements have been made for non-US customers.
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Adobe Inc announced that hackers stole parts of the source code of Photoshop, which according to commentators could allow programmers to copy its engineering techniques and would make it easier to pirate Adobe Inc's expensive products.
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The Federal Trade Commission intervened and forced Adobe Inc to sell FreeHand back to Altsys, and banned Adobe Inc from buying back FreeHand or any similar program for the next 10 years.
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The suit alleged that Adobe has violated federal and state antitrust laws by abusing its dominant position in the professional vector graphic illustration software market and that Adobe has engaged in a series of exclusionary and anti-competitive acts and strategies designed to kill FreeHand, the dominant competitor to Adobe's Illustrator software product, instead of competing on the basis of product merit according to the principals of free market capitalism.
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Adobe Inc had no response to the claims and the lawsuit was eventually settled.
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