Big News From AdobeCategory: Software
Posted: October 7, 2010 04:40PM
The other big development was a visit to Adobe by Steve Ballmer, CEO of Microsoft. The visit sparked rumors of a possible acquisition or merger, and sent Adobe stock prices soaring, closing the day up 11%. An Adobe representative pointed out that the CEOs of both companies meet regularly, but the topics of their meetings aren't up for discussion. Microsoft always needs to be careful in situations like this, as antitrust regulators watch the company like hawks.