Adobe Inc.
Adobe Inc. is a global leader in digital media and digital marketing software solutions.
All edits by Joseph Abraham
Edits on 20 Aug, 2021
Joseph Abraham
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Timeline (+1 events) (+521 characters)
Timeline
August 20, 2021
Adobe acquires Frame.io in a $1.275B deal
Frame.io, a cloud-based video collaboration tool, will be acquired by Adobe for $1.275B in cash.
Adobe has announced that it has entered a definitive agreement to acquire Frame.io, a cloud-based video collaboration platform, in a $1.275 billion all-cash deal.
The $1.275 billion deal, subject to usual acquisition price modifications, is scheduled to conclude in the fourth quarter of Adobe's fiscal year 2021 and is subject to regulatory clearance and customary closing conditions.
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