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.

But not everyone is convinced. Larry Dignan at ZDNet said he slept on it and, at 4:52 this morning, said in his Between the Lines column that he couldn't see the logic. He quoted a couple of negative analyst notes.

"Adobe's Omniture purchase isn't a slam dunk. The burden of proof regarding synergy, product roadmaps and (CEO Shantanu) Narayen's vision where analytics meets content creation rests with Adobe," he wrote.

Death comes for the archblogger

Matt RichtelAt the risk of stating the obvious, everybody’s blogging about New York Times reporter Matt Richtel’s story about how the stress of 24-7 blogging is thinning the herd of Internet scribes.

Here’s his evidence:

Two weeks ago in North Lauderdale, Fla., funeral services were held for Russell Shaw, a prolific blogger on technology subjects who died at 60 of a heart attack. In December, another tech blogger, Marc Orchant, died at 50 of a massive coronary. A third, Om Malik, 41, survived a heart attack in December.

And here’s the cause:

A growing work force of home-office laborers and entrepreneurs, armed with computers and smartphones and wired to the hilt, are toiling under great physical and emotional stress created by the around-the-clock Internet economy that demands a constant stream of news and comment.