Skip to navigation
Latest News

Adobe's Omniture takeover gets the green light

Dollars

By Reuters

Posted on 6 Oct 2009 at 17:28

US antitrust regulators have approved Adobe's deal to buy web analytics firm Omniture.

Adobe, which announced the deal on 15 September, hopes the acquisition will give it a new stream of revenue that is less sensitive to an economic downturn than its Photoshop and Acrobat products.

Companies use Omniture's software to analyse how consumers use websites and to target their ads better. It is the biggest provider of such services, competing with Google and other smaller players.

The approval was announced in a listing of okayed deals that the Federal Trade Commission puts out several times a week.

Adobe agreed to pay $21.50 per share in cash for Omniture, putting the deal at about $1.7 billion.

Subscribe to PC Pro magazine. We'll give you 3 issues for £1 plus a free gift - click here

From around the web

Be the first to comment this article

You need to Login or Register to comment.

(optional)

advertisement

Most Commented News Stories
More From PC Pro
Latest Blog Posts Subscribe to our RSS Feeds
Latest ReviewsSubscribe to our RSS Feeds
Latest Real World Computing

advertisement

Sponsored Links
 
SEARCH
SIGN UP

Your email:

Your password:

remember me

advertisement


Hitwise Top 10 Website 2010
 
 

PCPro-Computing in the Real World Printed from www.pcpro.co.uk

Register to receive our regular email newsletter at http://www.pcpro.co.uk/registration.

The newsletter contains links to our latest PC news, product reviews, features and how-to guides, plus special offers and competitions.