Abobe buying Omniture in 1.8 bln dlr dealAdobe Systems Adobe Systems Incorporated (pronounced a-DOE-bee IPA: /əˈdoʊbiː/) (NASDAQ: ADBE) (LSE: ABS) is an American computer software company headquartered in San Jose, California, USA. , known for its Photoshop editing program and Acrobat document software, announced on Tuesday it has agreed to buy Web analytics firm Omniture Inc. for 1.8 billion dollars. The San Jose San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , California-based Adobe said it will make an offer to acquire all of the outstanding common stock of Omniture for 21.50 dollars per share, a premium of 45 percent over its average closing price for the last 30 trading days. "Adobe customers are looking to us for solutions to deliver engaging experiences and more effectively monetize their content and applications online," Adobe president and chief executive Shantanu Narayen Shantanu Narayen is currently the President & Chief Operating Officer of Adobe Systems since 2005. He started his career at Apple Computer. He received his MBA from the Haas School of Business in 1993. said. "This is a game changer Changer The name given to a clearing member that is willing to assume the opposite position of a futures contract within a larger alternative exchange, of which it also is a clearing member. for both Adobe and our customers," he said in a statement. "We will enable advertisers, media companies and e-tailers to realize the full value of their digital assets." Adobe, which also produces the Flash and Shockwave software used in many games and Internet applications, said Omniture will become a new business unit within Adobe and Omniture's chief executive, Josh James, will join Adobe as the senior vice president of the new business unit. It said the transaction, which is subject to regulatory approval, is expected to close in the fourth quarter of Adobe's 2009 fiscal year. Adobe announced meanwhile its net profit fell to 136 million dollars in the third quarter, which ended on August 28, from 191.6 million dollars a year ago. Revenue declined to 697.5 million dollars from 887.3 million dollars in the same quarter a year ago. Adobe shares shed 4.18 percent to 34.15 dollars in after-hours electronic trading  This article or section is in need of attention from an expert on the subject.Please help recruit one or [ improve this article] yourself. See the talk page for details. in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . 
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