Software company Adobe is best known for digital creation and distribution programs such as Acrobat, Photoshop and online imaging standard Flash. However, as growth of those products has slowed, the company has diversified aggressively into other areas such as web analytics, digital marketing and CRM through acquisitions including Omniture in 2010 and digital agency Efficient Frontier in 2011. Further such deals have followed. It added stock photo and illustration service Fotolia in 2015, while its acquisition of video advertising company TubeMogul for $540m was the single most valuable tech acquisition completed in 2016 by any purchaser. The group was founded in 1982 by ex-Xerox software engineers John Warnock and Charles Geschke to develop PostScript, a page description language for printers, which itself evolved into the now-ubiquitous PDF format introduced a decade later. Adobe subsequently developed the Type 1 font family and drawing program Illustrator. Photoshop was introduced in 1989, followed by Acrobat in 1993. Since then, the company has expanded mainly through acquisitions, including Aldus (maker of PageMaker) in 1994 and Macromedia (Flash, DreamWeaver) in 2005. Several of these digital creation tools are now grouped under the banner of online platform Adobe Creative Cloud. The company's performance came under pressure after 2012 as a result of its shift from packaged software to online subscriptions for all its products. After a temporary lull in 2013, revenues have begun to soar once again, jumping by more than 22% in 2016 to $5.85bn, while net income almost doubled to $1.2bn. Warnock and Geschke retired from day-to-day management in 2001 although they still co-chair the board. Shantanu Narayen is CEO. Adbrands does not currently offer a business profile for this company but subscribers may access account assignments and contact information. The searchable account assignments database is available to full subscribers to Adbrands.net premium services. Click here to access Adbrands account assignments (subscribers only); or see here for information on how to subscribe.
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Capsule checked 20th March 2017
Adbrands Weekly Update 23rd Mar 2017: Ads of the Week "The Heist". Better leave your mobile at home next time you're thinking about doing something you shouldn't. The latest comedy gem from Goodby Silverstein for Adobe illustrates the advantages (some might call them disadvantages) of the modern Connected World. It's all part of Adobe's new Experience Cloud offering that links all your business processes. Just shows that B2B marketing doesn't need to be dull.
Adbrands Weekly Update 17th Nov 2016: Adobe continued to expand its digital marketing division with the acquisition of ad tech firm Tube Mogul for $540m. The company markets a leading software platform for planning and buying programmatic video advertising across online, digital TV and out-of-home networks. Adobe said the combination with its existing Marketing Cloud system will create "the first end-to-end independent advertising and data-management solution that spans TV and digital formats, simplifying what has been a complex and fragmented process for the world’s biggest brands".
Adbrands Weekly Update 30th Sept 2015: Ads of the Week "The Launch". Goodby Silverstein pokes more fun at undisciplined marketing strategies with another entertaining spot for Adobe Marketing Cloud. It's a bit broader in its humour, perhaps, than that last one about buying illegal hits for your website, but we all know that this sort of thing is worryingly close to the truth. The internet may be made of cats, but almost everything else is funded by advertising.
Adbrands Weekly Update 5th Mar 2015: Ads of the Week: "Dream On". Our absolute favourite ad from the Oscars telecast a couple of weeks back was this spectacular film from Goodby Silverstein celebrating the 25th anniversary of Adobe's Photoshop software. Spellbinding!
Adbrands Weekly Update 26th Sep 2013: Ads of the Week: "The New Creatives". Goodby Silverstein has two new ads for long-time client Adobe out this week. Have a look at the other one "Click, Baby, Click", on our Facebook page, but we like this better. It's very simple, but the graphics are fantastic, demonstrating the skills of some of the multi-talented digital artists who utilise the company's creative cloud web service.
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