Adobe Inc. (ADBE) Sector
Information Technology

(Current) $475.37
-5.88 (-1.22%) Open Price: 475.43

Adobe Inc. is a multinational software company known for its innovative products in the fields of digital media, marketing, and creative software solutions. The company was founded in December 1982 by John Warnock and Charles Geschke, who were both previously employed at Xerox PARC. Adobe's first product, released in 1984, was the Adobe Illustrator, a vector graphics editor that quickly became popular among graphic designers.

Adobe is primarily known for its suite of creative software products, which includes Adobe Photoshop, Adobe Illustrator, Adobe InDesign, and Adobe Premiere Pro, among others. These tools have become industry standards for graphic design, photo editing, video editing, and desktop publishing. The company has also ventured into other areas, such as web design and development, e-learning, and marketing automation, through its various product offerings.

Adobe Inc. is a publicly traded company and is listed on the Nasdaq Stock Market under the ticker symbol "ADBE." Its headquarters are located in San Jose, California. Over the years, Adobe has grown through a combination of organic growth and strategic acquisitions, further expanding its product portfolio and market reach.

One significant milestone in Adobe's history was its transition from a traditional software licensing model to a subscription-based model known as the Adobe Creative Cloud. This shift allowed customers to access the latest versions of Adobe's software through monthly or annual subscriptions, providing a more flexible and cost-effective option for users.

Today, Adobe is one of the world's leading software companies, serving a diverse range of customers, including individual creatives, businesses, and enterprise organizations. The company's software products are widely used in industries such as media and entertainment, advertising and marketing, education, and government. With a strong focus on innovation and customer-centric solutions, Adobe continues to play a pivotal role in shaping the digital landscape and empowering creativity worldwide.

(05/24/24) $475.43
(05/27/24) $481.25
(05/27/24) (Qty.)3,010,154
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