Adobe Systems To Acquire Omniture For $1.8B

Law360, New York (September 15, 2009, 7:57 PM EDT) -- Business software giant Adobe Systems Inc. will acquire Omniture Inc. for $1.8 billion, buying all the Web analytics firm's outstanding stock for $21.50 a share, the companies announced Tuesday.

The deal, which calls for Omniture to become a new business unit within Adobe, is expected to be completed in the fourth quarter of Adobe's 2009 fiscal year, the company said. The merger is subject to customary government approvals and other conditions, the company said.

Josh James, the CEO of Omniture, will join Adobe as a senior...
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