Anita Davis
Sep 16, 2009

Adobe to acquire Omniture

GLOBAL - Adobe Systems Incorporated is set to acquire digital marketing optimisation company Omniture for US$1.8 billion in an effort to bolster and diversify both companies' technological capabilities and client base.

Adobe to acquire Omniture
According to a spokeswoman for Omniture, the merger, which will see the analytics company become an operational unit under Adobe, is not expected to affect operations or staff in Asia-Pacific.

Omniture’s external business deals, including a deal brokered with WPP earlier in the year, are also not expected to change. 

Omniture has eight offices across the region, in Tokyo, Seoul, Hong Kong, Taipei, Beijing, Singapore, Melbourne and Sydney, which is its regional headquarters. Its global headquarters is in Utah.

According to the companies’ statement, Omniture will be able to bank on Adobe’s global client base to “more quickly penetrate new geographies and markets, thereby accelerating its go-to-market strategy and growth potential”, while Adobe will benefit from the deal by  providing clients with digital measurement tools.

“This optimisation will enable advertisers, advertising agencies, publishers and e-tailers to achieve greater ROI from their digital media investments and improve their end users' experiences,” the companies stated.

The merger will see Omniture CEO Josh James (pictured) join Adobe as senior vice-president of the new business unit. He will report to Adobe's president and CEO Shantanu Narayen.

According to the Omniture spokeswoman, the deal is expected to be completed by the end of the fourth quarter.

Source:
Campaign Asia

Related Articles

Just Published

8 hours ago

Rethinking SEO: How Google's AI Overviews are ...

With Google's AI Overviews and 'AI Mode' set to transform the search landscape, publishers and agencies are grappling with declining click-through rates and the need to adapt their SEO strategies.

8 hours ago

Baby shark in Greenpeace film is distraught by ...

In a stunning new animation film by Photoplay, the dangers of overfishing are simply and effectively narrated by a blue shark, a species often caught in the crossfire of long line fishing.

10 hours ago

Samsung ushers in a new era of AI TV

Cheil rolls out a laundry list of features for the Samsung Vision AI; Ad Nut yearns for a little less jargon and a lot more heart.

1 day ago

Omnicom set targets to cut staff costs by 10%

Omnicom Group set targets to reduce its total staff compensation bill by 10 per cent ahead of its proposed acquisition of Interpublic Group (IPG), PRWeek has learned.