Adobe Would Heat Up Salesforce.com Rivalry With This Purchase: Analyst [Investor's Business Daily]
Adobe Inc. (ADBE)
Last adobe inc. earnings: 3/12 04:05 pm
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Source: Investors Business Daily
Related news Adobe Systems ( ADBE ) would fuel its rivalry with Salesforce.com ( CRM ) through the possible acquisition of Marketo, an analyst said Monday. Digital media and marketing software firm Adobe is in talks to buy Marketo , Reuters reported last week. "Given Marketo's market leadership serving the marketing automation needs of enterprise business-to-business organizations, consolidation of Marketo could create increased competitive dynamics in Salesforce's marketing cloud business," SunTrust Robinson Humphrey analyst Terry Tillman said in a report to clients. "This will be worth watching." Vista Equity Partners took Marketo private two years ago for $1.8 billion. Adobe has been on the hunt for acquisitions. In June, it purchased Magento Commerce for $1.68 billion. The deal added a commerce platform to Adobe's experience-cloud business. "Adobe has increasingly become a competitor to Salesforce, especially post its recent acquisition of Magento in the digital commerce market,"
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ADBE
News
- Adobe Inc. (ADBE) Is a Trending Stock: Facts to Know Before Betting on It [Yahoo! Finance]Yahoo! Finance
- Digital Asset Management Market To Reach USD 20.3 Billion By 2032, Says DataHorizzon Research [Yahoo! Finance]Yahoo! Finance
- New Adobe Photoshop with Advanced Generative Fill and Generate Image Brings New Superpowers to AllBusiness Wire
- Adobe Introduces Firefly Image 3 Foundation Model to Take Creative Exploration and Ideation to New HeightsBusiness Wire
- Adobe Charts the Future of Creativity and AI at MAX LondonBusiness Wire
ADBE
Earnings
- 3/14/24 - Beat
ADBE
Sec Filings
- 4/23/24 - Form 4
- 4/19/24 - Form 4
- 4/19/24 - Form 4
- ADBE's page on the SEC website