Adobe Systems has agreed to buy Day Software Holding in a deal worth US$240 million. Day Software specializes in Web Content Management, Digital Asset Management and Social Collaboration. Adobe plans to use the deal to strengthen its enterprise software offerings. Day’s CEO, Erik Hansen, will join Adobe as part of the deal. Adobe expects to close the deal in the fourth quarter of its 2010 fiscal year, which is later this calendar year, later this year. The deal is subject to government approval before it can be finalized.”]
Source: https://www.csoonline.com/article/2125697/adobe-acquires-web-software-maker-for-us-240-million.html