ADBE - Adobe Systems Incorporated
| Previous Close | 238.09 |
| Open | 239.85 |
| Bid | 239.62 x 800 |
| Ask | 240.25 x 900 |
| Day's Range | 237.11 - 240.77 |
| 52 Week Range | 131.20 - 243.34 |
| Volume | 1,330,600 |
| Avg. Volume | 2,892,685 |
| Market Cap | 117.257B |
| Beta | 0.76 |
| PE Ratio (TTM) | 63.51 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | 2005-03-24 |
| 1y Target Est | N/A |
- TechCrunch•10 hours ago
Adobe to acquire Magento for $1.6 B
Adobe announced today that it was acquiring Magento for $1.6 billion. The
- Investor's Business Daily•5 hours ago
Dow Jones Futures: These 5 Top Stocks Are Notable Movers Late
Stock futures were steady. But Pure Storage, Micron Technology, Adobe Systems, Shopify and SailPoint Technologies were notable winners and losers overnight.
- Reuters•5 hours ago
Adobe to buy Magento Commerce for $1.68 billion
Shares of Adobe rose about 1 percent in extended trading after the Photoshop maker also said it would buy back up to $8 billion of shares through its fiscal year 2021. Adobe said the deal will help bolster its Experience Cloud business, which provides services including analytics, advertising and marketing. “Adobe is the only company with leadership in content creation, marketing, advertising, analytics and now commerce – enabling real-time experiences across the entire customer journey,” Brad Rencher, an executive vice president and general manager at Adobe, said in a statement.
- Reuters•5 hours ago
Adobe to buy Magento Commerce for $1.68 billion
Shares of Adobe rose about 1 percent in extended trading after the Photoshop maker also said it would buy back up to $8 billion of shares through its fiscal year 2021. Adobe said the deal will help bolster its Experience Cloud business, which provides services including analytics, advertising and marketing. “Adobe is the only company with leadership in content creation, marketing, advertising, analytics and now commerce – enabling real-time experiences across the entire customer journey,” Brad Rencher, an executive vice president and general manager at Adobe, said in a statement.
- The Wall Street Journal•7 hours ago
[$$] Adobe to Buy E-Commerce Firm Magento Commerce for $1.68 Billion
Inc., the elder software-business statesman behind photo-editing software Photoshop and PDF reader, is buying e-commerce firm Magento Commerce for $1.68 billion, adding a key piece to its platform. Inc. as part of a $925 million deal by a group of investors that included Permira, Sterling Partners, Longview Asset Management and Innotrac Corp. Permira carved out Magento in November of that year.
- Fortune•8 hours ago
Adobe to Buy Magento Commerce For $1.68 Billion
Magento Commerce used to be owned by eBay and sells tech that lets companies do online shopping.
- Investor's Business Daily•9 hours ago
Adobe To Acquire E-Commerce Firm Magento, Sets New $8 Billion Buyback
Adobe Systems late Monday said it has agreed to purchase privately-held Magento Commerce for $1.68 billion, sending down shares in its e-commerce rival, Shopify, in late trades.
- American City Business Journals•10 hours ago
EBay spinoff's value goes from $150 million to $1.68 billion in Adobe buyout
The Campbell-based company was reportedly valued at about $700 million last year when Hillhouse, one of China's biggest private equity investors, poured $250 million into it.
- CNBC•10 hours ago
Shopify slumps after Adobe announces acquisition of e-commerce rival Magento
Shares of e-commerce platform Shopify plunged almost 5 percent after Adobe said it acquired a rival e-commerce platform. Adobe said it's paying $1.68 billion for Magento Commerce. Shares of e-commerce platform Shopify SHOP-CA plunged as much as 5 percent after Adobe ADBE announced the acquisition of rival e-commerce platform Magento Commerce.
- MarketWatch•10 hours ago
Adobe to buy commerce platform Magento for $1.68 billion
Adobe Systems Inc. said late Monday it had agreed to buy commerce platform Magento Commerce for $1.68 billion, subject to adjustments. "The Magento Platform brings together digital commerce, order management and predictive intelligence into a unified commerce platform enabling shopping experiences across a wide array of industries," Adobe said in a statement. Magento Chief Executive Mark Lovelle will remain at the helm at Magento as part of Adobe's digital experience business, the company said.
- Bloomberg•11 hours ago
Adobe Buys Magento for $1.68 Billion to Target E-Commerce
Adobe Systems Inc. agreed to buy e-commerce company Magento for $1.68 billion, in a bid to capture a bigger slice of the digital-commerce industry from Salesforce.com Inc. and Oracle Corp. The Photoshop software provider is making its third-biggest acquisition to create an end-to-end system for designing digital ads, building e-commerce websites and other online customer experiences and completing transactions, the company said Monday in a statement. Campbell, California-based Magento offers software to build and run web stores, handle online purchases, shipping and returns.
- CNBC•11 hours ago
After-hours buzz: ADBE, SHOP & more
See which stocks are posting big moves after the bell.
- Financial Times•21 hours ago
[$$] Adobe to buy Magento Commerce for $1.7bn
Adobe, the maker of the popular Photoshop and Illustrator creative programmes, agreed to purchase Magento Commerce for $1.7bn on Monday. The purchase of Magento, which provides ecommerce services for companies, adds to Adobe’s suite of offerings for the web. “Embedding commerce into the Adobe Experience Cloud with Magento enables Adobe to make every moment personal and every experience shoppable,” said Brad Rencher, an executive vice-president with Adobe.
- CNBC Videos•11 hours ago
Adobe acquires Magento Commerce for $1.7B
CNBC's Leslie Picker reports on an Adobe acquisition.
