Adobe confirms UK looking into its $20b Figma deal, EU probe 'expected'
"We continue to feel positive about the facts underlying the transaction and expect to receive approval to close the transaction in 2023," Adobe's Digital Media president David Wadhwani said of the Figma buy on the call.on its stock image platform, despite concerns over potential copyright issues.
The bottom line looked pretty good for the company after yet another pandemic year when a lot of business and certainly almost all creative digital collaboration was done online. It reported revenue of $17.61 billion in fiscal year 2022, a 12 percent uptick year-over-year from $15.8 billion last year and operating income of $6.098 billion up from $5.802 billion in 2021.
Meanwhile, have a guess what the biggest growth segment in the business was. Creative Cloud, I hear you say? Nope it's Document Cloud, the software behemoth's service for converting paper documents to a digital format and storing them in the cloud, integrated with Adobe tools to fill and sign forms electronically.
The Digital Media segment brought in $12.84 billion for the year, up 11 percent. Creative Cloud revenue – the bit that houses Photoshop, Illustrator, Premiere Pro, After Effects, InDesign, Acrobat Pro, Lightroom etc – grew to $10.46 billion, representing 10 percent year-over-year growth. The Digital Experience segment revenue was $4.42 billion. That's the segment that houses Adobe Commerce . The e-commerce solution – and its open source sister Magento Open Source, much loved by small businesses on a budget who don't seem that keen on paying for ongoing maintenance or patching – reported several serious bugs this year. These included a critical vulnerability in Magento (
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
New Berlin-inspired restaurant to bring gourmet kebabs to the Merchant CityDer Berliner is coming to Bell Street and will offer gourmet kebabs made using high-end, locally sourced lamb, beef and chicken, plus quality vegetarian and vegan options.
Lire la suite »
The best travel products over £30 for babies and toddlersMother&Baby roundup the best travel products over £30. This buyer's guide includes options available from Amazon, Boots and Jojo Maman Bébé.
Lire la suite »
Chelsea close in on star from Haaland's ex-club to follow in Drogba's footstepsChelsea have an agreement in place with Norwegian side Molde to sign teenage striker Datro Fofana. The Blues’ centre-forward options took a hit last week after Armando Broja ruptured the ante…
Lire la suite »
Best non-alcoholic wine to sip on this ChristmasBest non-alcoholic wines, from red, white, rose, and sparkling. Choose from Selfridges, Sainsbury's, Tesco Waitrose, Amazon, and more. Find out the best affordable options as well.
Lire la suite »
Vladimir Putin named 'Bellend of the Year' with giant penis monument in village of Bell EndVladimir Putin has been named 'Bellend of the Year' by the village of Bell End, which has marked the award by erecting a statue of him with a penis-shaped head.
Lire la suite »
Baffled residents speak out as giant sinkhole appears on road'Think about what could have happened - it's huge!'
Lire la suite »