 SAN JOSE, Calif.-June 26, 2006--Adobe Systems
Incorporated (Nasdaq:ADBE) today announced it has acquired the
technology assets of Pixmantec ApS, makers of digital imaging software
that provides advanced workflow management and processing capabilities
for digital camera raw files. The acquisition strengthens Adobe's
leadership position in raw processing.
Terms of the acquisition were not disclosed.
"With high quality digital cameras now within reach of every
photographer, customers are gravitating to raw file formats that allow
them to get more control over final results," said John Loiacono,
senior vice president of Creative Solutions at Adobe. "By combining
Pixmantec's raw processing technology and expertise with our own, we're
continuing to deliver on the promise that even your existing raw files
can be processed with increasing quality as our software technology
evolves." Pixmantec is a privately held company headquartered
in Copenhagen, Denmark and currently ships the RawShooter(R) line of
digital photography software products. Adobe plans to integrate
Pixmantec raw processing technologies into Lightroom(TM) and wherever
customers will be working with raw files. In preparation for
this integration, the Pixmantec RawShooter Premium product is being
discontinued, though the free RawShooter Essentials product will
continue to be available until the Lightroom public beta program is
completed. Existing Pixmantec customers will continue to be supported
by Adobe and will be provided with an upgrade path to the Adobe digital
imaging product family. Adobe believes this acquisition will not have a material financial impact on the company. Forward Looking Statements Disclosure
This press release contains forward looking statements, including those
related to future product development plans, which involve risks and
uncertainties that could cause actual results to differ materially. For
a discussion of these and other risks and uncertainties, individuals
should refer to Adobe's SEC filings. Adobe does not undertake an
obligation to update forward looking statements. About Adobe Systems Incorporated
Adobe revolutionizes how the world engages with ideas and information
-- anytime, anywhere and through any medium. For more information,
visit www.adobe.com.
(C) 2006 Adobe Systems Incorporated. All rights reserved. Adobe, the
Adobe logo, Lightroom, Pixmantec and RawShooter are either registered
trademarks or trademarks of Adobe Systems Incorporated in the United
States and/or other countries. |
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