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Adobe Systems To Acquire Omniture For $1.8B

Law360, New York (September 15, 2009) -- 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...

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