Adobe Systems has agreed to buy Switzerland-based Day Software Holding AG for around $240m in a clear move to bump up the Flash and Photoshop company's Web2.0 portfolio. It said Day shareholders would get 139 Swiss francs per share (£81.80) in a deal valued at around 255m Swiss francs or £154.6m. Adobe said the planned buyout …
No More Innovation
It matters not who you are, if you are a big software corporation you lose the ability to innovate. What you do instead is buy smaller companies when you like the look of their software.
It should be the big boys who innovate the most because they should have the most cash for R&D, but they don't. Buying smaller companies is not the same thing, because as soon as the smaller company becomes part of the monolith it too loses the ability to innovate.
Buy him out, boys!
Day turns into Night
claws of CMS
Work with DAY CQ5 CMS and its integrated Omniture integration (Omniture, ANOTHER product Adobe bought up) that powers Adobe's business model of accumulating web hit statistics and in integration with FLASH player's hidden server-side stored cookies. I believe that THIS is a real reason Jobs/Apple is rejecting FLASH content on iOS platforms - Apple is cutting off the info stream of invaluable user stats of its solid gold user demographic [from Adobe] and capturing it as their iAd initiative moves forward. Battle to the death here for targeted content tools.
Day's CMS tools for web development/management include Omniture and are in use throughout the net.
Flash does have cookies, of a sort. They are not hidden, or server-side stored however.
A price to earnings multiple of over 50! Are they mad?
Sorry, this is Adobe we're talking about - of course they are....
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