MediaFile

Adobe CEO on Apple: “Let the games begin”

MEDIA-SUMMIT/The war between Apple and Adobe, which revolves around the use of Adobe’s Flash software on devices like the iPhone and iPad, has simmered down to a low boil, but it certainly hasn’t gone away. Adobe CEO Shantanu Narayen turned up at the Web 2.0 conference in San Francisco on Tuesday, and the first question out the gate from the interviewer was about — what else? — Apple.

Although Narayen said the media is doing its part to help fuel the spat, he sounded anything but conciliatory:

“There’s a war happening for developers … Adobe has always been about helping people create content for multiple devices, multiple platforms … Apple and Adobe are on different sides of that point of control.”

He continued: “We’re all about a multi-platform, heterogeneous, open ecosystem. And that’s what we’re going to be focused on. And Apple will continue to like to keep that closed and proprietary… so let the games begin.”

And what about that juicy rumor that made the rounds a few weeks ago? Microsoft was said to be talking to Adobe about potentially buying the company, news that sent Adobe’s stock jumping.

from DealZone:

A deal in need of a touch-up?

Adobe Systems, the maker of Photoshop and Acrobat, hopes its $1.8 billion purchase of fast-growing business software maker Omniture will turn around its declining sales.

Adobe reported lower quarterly sales and profit after unveiling the deal. A snazzy new acquisition is a welcome distraction.

The purchase will give Adobe a new stream of revenue to offset a decline in customer upgrades of older versions of its programs. Omniture charges customers fees based on monthly web site traffic, so it is less sensitive to economic swings than Adobe. "There is no way Adobe can grow organically. This is a smart move," said Global Equities Research analyst Trip Chowdhry.