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Accelio Buy Gives Adobe Inside Track In Form Field.(INTERNET & TECHNOLOGY)
Byline: PATRICK SEITZ
Desktop publishing king Adobe Systems Inc. made its third key deal in two months Friday. It agreed to buy electronic-forms company Accelio Corp.
Adobe, the second largest desktop software maker behind Microsoft Corp., is using the industry slowdown to make acquisitions and bulk up in key growth areas.
In December, Adobe bought privately held Fotiva Inc., which makes image management software, and it licensed technology for creating digital video discs from Sonic Solutions.
Adobe will use its purchase of Accelio to broaden its ePaper business. The deal combines Adobe's Acrobat and Portable Document Format technologies with Accelio's Web electronic forms.
"It's a good, complementary addition to Adobe's Acrobat solution," said Keith Gay, an analyst with Thomas Weisel Partners. Adobe outbid Open Text Corp. for Ottawa-based Accelio.
Investors reacted positively to the news. Adobe rose about 7% to 35.93 on heavier volume than usual.
- Adobe acquires Accelio. (Industry News).
- Magazine article from: EContent July 1, 2002 700+ words
...million. The acquisition of Accelio is part of Adobe's strategy to become a business...will be fully integrated into Adobe'a operations, with the former Accelio headquarters functioning as a remote Adobe site in Ottawa, Canada. As...
- Adobe rescues Accelio from hostile bid.
- Newspaper article from: The Daily Deal February 1, 2002 700+ words
...San Jose, Calif., software maker Adobe's offer for Accelio converts to about $2.83 a share...withdraw them immediately. The deal with Adobe is expected to close in March. Accelio must pay Adobe a $2.9 million break-up fee if...
- Adobe Completes Acquisition of Accelio Corporation; Acquisition Signals...
- Press release article from: Business Wire April 15, 2002 700+ words
...software market." The acquisition of Accelio is part of Adobe's strategy to become a leading business...may be derived from the acquisition of Accelio by Adobe, the ability of Adobe and Accelio to develop and market new products, the...
- Accelio shareholders approve Adobe acquisition.
- Newspaper article from: The Daily Deal April 10, 2002 700+ words
...publishing software maker Adobe Systems Inc. Accelio said 98% of votes cast at...said April 1 it would buy Accelio, edging out Waterloo, Ontario...announced its bid Dec. 17. Adobe's offer for Accelio is about $2.83 a share...
- Adobe to Acquire Accelio Corporation; Adobe to Expand ePaper Business Through...
- Press release article from: Business Wire February 1, 2002 700+ words
...forms. The acquisition of Accelio enhances Adobe's ability to quickly...combining Adobe Acrobat, Adobe PDF technologies and Accelio's server-based solutions...president and CEO of Accelio, the acquisition by Adobe offers the greatest potential...
- Adobe Systems closes on purchase of Accelio.
- Newspaper article from: The Daily Deal April 16, 2002 700+ words
...Under the terms, each Accelio common share was converted to 0.072573 shares of Adobe common stock, or about 1.81 million shares. Accelio also repurchased all...announced its bid Dec. 17. Adobe's offer for Accelio is about $2.83 a share...
- Adobe to acquire Accelio.(Brief Article)
- Newspaper article from: Telecomworldwire February 4, 2002 700+ words
...4 February 2002-Adobe to acquire Accelio (C)1994-2002 M2...acquisition, USD72m of Adobe common stock will be exchanged for all Accelio equity securities. Accelio will then be integrated into Adobe's operations. The...
- Accelio recommends superior bid from Adobe Systems; Leader in network...
- Press release article from: PR Newswire February 1, 2002 700+ words
...the Boards of Directors of Accelio and Adobe late yesterday. Under the...chief executive officer of Accelio Corporation. "Adobe's strategy for expanding...part of the agreement, Accelio has agreed to pay to Adobe a "break-up" fee of...
- Accelio Stock De-listed Upon Completion of Adobe Acquisition.
- Press release article from: Business Wire April 22, 2002 700+ words
...WIRE)--April 22, 2002 Adobe Systems Canada Inc. (formerly Accelio Corporation) announced that Adobe Systems Incorporated of San...completion of the acquisition, Accelio Corporation changed its name to Adobe Systems Canada Inc. Under...
- Adobe Systems, Inc. (Industry Companies).(acquires Accelio Corp.)(Brief Article)
- Magazine article from: Graphic Arts Monthly March 1, 2002 700+ words
Adobe Systems, Inc., San Jose, Calif., has announced that it will acquire Ottawa, Canada-based Accelio Corporation, a provider of Web-enabled solutions...forms. The acquisition is valued at $72 million in Adobe stock.
