By ReutersInformationWeek
Adobe CEO Shantanu Narayen told the Reuters Global Technology,
Media and Telecoms Summit that he is not interested in bargain
hunting, but does like small companies with 10 to 50 employees
that fill gaps in Adobe's technology,
"Our ability to integrate a large company like Macromedia
gives us confidence should there be a suitable target," he told
the summit in New York.
"We really like these small companies that fill out technology
gaps," he said. "Expect to see us do more of these small
acquisitions. That really is more the sweet spot of where we're
looking," he said.
Adobe bought Macromedia, known for its Flash web video player
and design tools, for about $3.4 billion in 2005.
(For summit blog: http://summitnotebook.reuters/)
(For more on the Reuters Global Technology, Media and Telecoms
Summits see )
(Reporting by Sinead Carew and Jim Finkle, editing by Phil
Berlowitz)
(jim.finkle@thomsonreuters, + 1 646 2236180)
Copyright 2008 Reuters. Click for Restrictions
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