Adobe on Tuesday announced new enhancements to Adobe Document Cloud with advancements in its products including "Adobe Sign", "Adobe Scan" and new PDF integration with Microsoft Office 365.
Adobe topped analysts’ profit estimates for 8 straight quarter driven by strength in its digital media business, which houses its flagship product Creative Cloud.
US-listed shares in Canadian e-commerce software maker Shopify fell around 2% before the bell after Adobe announced it was buying rival Magento Commerce.
Adobe said it would buy e-commerce services provider Magento Commerce from private equity firm Permira for $1.68 billion in cash, its biggest deal in nearly a decade.
Tech major Adobe is betting big on sectors like banking and financial services and hospitality to drive its growth in India.
Tata Cliq has partnered with tech major Adobe to deploy solutions aimed at enhancing digital experiences for customers in India.
Adobe and Microsoft announced they were extending their partnership into China to help global brands locally deliver personalized experiences across customer touchpoints.
MindTree launched "Decision Moments" a data science platform which is built on Microsoft Azure Platform and now leverages Adobe to help marketer drive faster conversions.
The Dow Jones Industrial Average .DJI rose 72.85 points, or 0.29%, to end the week at 24,946.51 and the S&P 500 .SPX gained 4.68 points, or 0.17%, to 2,752.01.
Telangana today said global IT firm Adobe is going to start an advanced artificial intelligence (AI) lab in the city.