Adobe buys Accelio to boost e-paper business

Software maker Adobe Systems has agreed to purchase Canadian electronic-forms software and service provider Accelio in an all-stock deal valued at $US72 million, the companies announced on Friday.

"This acquisition quickly positions Adobe as a leader of business-process solutions, which is the logical next step in the evolution of our ePaper platform. The combined companies can supply our customers with complete end-to-end e-forms solutions," said Bruce Chizen, president and CEO of Adobe, in a telephone news conference.

Accelio, launched in 1982, has 650 employees and 7000 customers worldwide in the financial services, banking, manufacturing, utilities and public-service sectors, Chizen said. Accelio has customers in more than 50 countries around the world, including Microsoft, Citigroup's Citibank, American Express, and 70 per cent of the Fortune 100 companies, according to the company's Web site.

Adobe expects to have Accelio integrated into the company by June and plans to absorb 250 Accelio employees into Adobe, Chizen said.

"With Accelio, we will be able to further Adobe into the enterprise market, making us that much more relevant to the enterprise and government markets," Chizen said.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Laura Rohde

Computerworld
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Matthew Stivala

HP OfficeJet 250 Mobile Printer

The HP OfficeJet 250 Mobile Printer is a great device that fits perfectly into my fast paced and mobile lifestyle. My first impression of the printer itself was how incredibly compact and sleek the device was.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?