Adobe yesterday revealed that its third quarter net profit rose 39 per cent year on year.

"Solid execution drove another outstanding quarter of double digit growth in Q3," said Bruce Chizen, Adobe CEO.

"These results reflect the overall strength of our business which, when combined with our pending acquisition of Macromedia, will position us for even greater success in the future," he added.

The software maker reported net profit of $144.9 million in the three months ending September 2, up from $104.5 million during the same time last year. Revenue rose 21 per cent to $487 million, the company said.

In the fourth quarter, Adobe expects revenue of between $490 million and $510 million, and a gross margin of approximately 94 per cent, the company said.

The fourth quarter targets do not factor in the pending acquisition of Macromedia, the company said.

The process of integrating Macromedia continues to go well, Adobe said. The transaction should complete this autumn, subject to appropriate regulatory approvals and other closing conditions.

Adobe and Macromedia shareholders have already approved the $3.4 billion deal.