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Adobe to Acquire Day Software for $240 Million

July 28, 2010, 11:17 am
Adobe announced today that it has entered an agreement to acquire Day Software , a content management software company. Adobe has launched a public tender offer to acquire all of the publicly held registered shares of the company for about $240 million. Adobe says the purchase would strengthen its enterprise software solutions, and allow it to help organizations create, manage, distribute, and monetize content while optimizing the web experience for their customers.

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