Global HQ: San Jose, California, US Website: www.adobe.com
Global leader: Shantanu Narayen, president and CEO
Local leader: Peter McAlpine, MD, Adobe Pacific
Core activity: Diversified software company
Revenue: US$2.9 billion (FY2008-09, ended November 27)
Key customers: Pacific Magazines, Salvation Army
Adobe had to move quickly to release an update for Reader and Acrobat that addresses vulnerabilities revealed at the Black Hat security conference in the US during the month of August. In the same month, Adobe Systems patched 20 security vulnerabilities in its Shockwave Player.
On a more positive note, Adobe said it would resurrect a tool that lets developers port Flash applications to the iPhone, after Apple reversed a decision that blocked programmers from using popular tools and technologies to build software for the iPhone, iPad and iPod Touch.
Adobe also bought Switzerland-based web software maker Day Software. It recently unveiled Adobe Connect 8, a web conferencing tool that supports videoconferencing on desktops, in conference rooms and most mobile devices. Jack Loo and Matt Hamblen
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