Adobe has confirmed it has signed a definitive agreement to acquire Scene7, a technology innovator in real-time rich media delivery services.
Adobe plans to offer and expand these interactive publishing services as it extends the online presence of its flagship creative technologies. Terms of the deal have not been disclosed.
Most of Scene7's employees are expected to join Adobe, with CEO Doug Mack taking the position of vice president, Creative Solutions Services at Adobe.
"Scene7 has done a great job developing a sophisticated system that underpins the online delivery of high-fidelity imagery and dynamic assets," said John Loiacono, senior vice president of Creative Solutions at Adobe. "This acquisition will help Adobe build out a robust internet infrastructure, allowing us to further develop Scene7's brand-name customer list and accelerate the online availability of technologies relied on by millions of creatives worldwide."
The acquisition is expected to reach completion by the end of May 2007.