Wednesday, September 16, 2009

Big Announcement

Yesterday A gave me this info:

Adobe to Acquire Omniture
On Sept. 15, 2009, Adobe Systems Incorporated (Nasdaq:ADBE) and Omniture, Inc. (Nasdaq:OMTR) announced the two companies have entered into a definitive agreement for Adobe to acquire Omniture in a transaction valued at approximately $1.8 billion on a fully diluted equity-value basis. Under the terms of the agreement, Adobe will commence a tender offer to acquire all of the outstanding common stock of Omniture for $21.50 per share in cash.

We are not sure yet what this means for A's job. Right now, everything has to be approved through the government which will be at least 2 week to 2 months. That is the earliest we will find out any official info about what will happen to Omniture employees We'll keep everyone informed.

For more info check out this link:

http://www.adobe.com/aboutadobe/invrelations/adobeandomniture.html

1 comment:

RazakFamily said...

Kinda scary, huh?!?!?!