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Is Microsoft Circling Adobe?
By: paidContent
Posted on October 07, 2010 at 16:28 PM EDT
The New York Times reports that Microsoft CEO Steve Ballmer and Adobe ( NSDQ: ADBE ) CEO Shantanu Narayen held a secret meeting recently. On the table reportedly: A purchase of Adobe by Microsoft ( NSDQ: MSFT ). A deal would combine two legacy software businesses (Photoshop, Dreamweaver; Office, Windows) and—the companies hope—possibly provide a buffer to Apple’s rise (Microsoft would control Flash). It would also give Microsoft a big and much-needed online analytics business in Omniture.
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Related Stocks:
Adobe Systems, Inc. Apple, Inc. Microsoft Corp Research In Motion Ltd
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