ADBE Adobe Systems Incorporated featured news, full reports, and detailed charts
Adobe Systems Incorporated (ADBE) Wrap Up:
Founded in 1982, Adobe Systems Incorporated is one of the largest and most diversified software companies in the world. We offer a line of creative, business and mobile software and services used by creative professionals, designers, knowledge workers, high-end consumers, original equipment manufacturer ("OEM") partners, developers and enterprises for creating, managing, delivering and engaging with compelling content and experiences across multiple operating systems, devices and media. We distribute our products through a network of distributors and dealers, value-added resellers ("VARs"), systems integrators, independent software vendors ("ISVs") and OEMs, direct to end users and through our own Web site at www.adobe.com. We also license our technology to hardware manufacturers, software developers and service providers, and we offer integrated software solutions to businesses of all sizes. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f01%2f24%2f0001047469-08-000497.html#FIS_BUSINESS"Adobe Systems Inc. (ADBE:NASDAQ)
Snapshot of Adobe Systems Inc. (ADBE)
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OPEN
$35.72
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PREVIOUS CLOSE
$36.11
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DAY HIGH
$36.07
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DAY LOW
$35.49
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52 WEEK HIGH
11/16/09 - $37.15
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52 WEEK LOW
02/27/09 - $15.70
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MARKET CAP
18.8B
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AVERAGE VOLUME 3 mo
5.9M
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DILUTED EPS TTM
$1.25
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SHARES OUTSTANDING
523.8M
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ADBE Does Not Pay Dividends
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P/E TTM
28.7x
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ADBE Top Compensated Officers
Executives, Board Directors
Key developments for Adobe Systems Inc. (ADBE)
Adobe Systems Inc. announced that beta versions of Adobe(R) AIR(R) 2 and Adobe Flash(R) Player 10.1 software are now available from Adobe Labs for Windows, Mac and Linux operating systems. Flash Player 10.1 is also available for x86-based netbooks, and expected to be available across a broad spectrum of smartphones and other Internet-connected devices in 2010. Adobe AIR 2 and Flash Player 10.1 are easily updateable across all supported platforms to help ensure rapid adoption of new innovations that move the Web forward. Adobe AIR 2 builds on the success of AIR 1.0, which has been installed on more than 200 million desktop computers and adopted across industries by leading companies, such as Atlantic Records, DIRECTV, FedEx, The New York Times Company and salesforce.com. With AIR 2, developers can create more reliable and feature-rich applications in the desktop context, and they can easily add AIR 2 functionality to update current AIR 1.0 applications. New AIR 2 features include enhanced support for mass storage devices and native application processes, as well as peer-to-peer and UDP networking. Flash Player 10.1 is the first consistent browser runtime release of the Open Screen Project that will enable uncompromised Web browsing of expressive applications, content and high definition (HD) videos across the desktop and devices. Flash Player 10.1 takes advantage of new media delivery options using HTTP streaming coupled with content protection powered by Adobe(R) Flash(R) Access(TM) 2.0. Additionally, Flash Player 10.1 now leverages hardware decoding of H.264 video on Windows PCs, netbooks and mobile devices where available, to conserve battery life and deliver an exceptional video playback experience.
Adobe Systems Inc. announced that it was cutting some 680 jobs worldwide, about 9% of its workforce. The company announced it would incur between $65 million and $71 million in restructuring charges because of the layoffs.
Adobe Systems Inc. has introduced the Photoshop.com Mobile for Android software, extending Adobe digital imaging technology to users of the Google Mobile operating system. The Android application equips consumers with quick and easy image-editing tools, color adjustments and photo-sharing capabilities. Photoshop.com Mobile optimizes the camera-phone experience by allowing users to browse for their photos online and on their phone, directly from the application, added Adobe.
ADBE Competitors
| Company | Last | Change |
| BMC Software Inc | $38.65 USD | -0.03 |
| CA Inc | $21.86 USD | -0.10 |
| Dassault Systemes | €38.50 EUR | -0.14 |
| Symantec Corp | $17.72 USD | -0.15 |
| Yahoo! Inc | $15.38 USD | -0.23 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | ADBE | Industry Range |
| Price/Earnings | 28.8x |
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| Price/Sales | 6.1x |
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| Price/Book | 4.0x |
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| Price/Cash Flow | 25.8x |
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| TEV/Sales | 5.1x |
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ADBE |
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ADBE transactions
| Type Date |
Target |
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Merger/Acquisition
September 15, 2009 |
Omniture Inc. |
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Merger/Acquisition
August 29, 2009 |
Business Catalyst Systems LLC |
