Headline Details

Adobe to buy stock photo company; revenues top estimates

Published on: Fri, 12 Dec 2014 1:27:57 UTC
News Agency: Reuters
Description:
(Reuters) - Photoshop maker Adobe Systems Inc said it would buy stock photography company Fotolia for $800 million and reported quarterly revenue above market estimates, helped by a 28 percent jump in the number of subscribers to its Creative Cloud suite.

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