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  • Aug. 19: Adobe buys for $1.275B

     Japo_Japo updated 1 month ago 1 Member · 1 Post
  • Japo_Japo

    September 13, 2021 at 9:17 am

    Adobe announced it is acquiring, a video review and collaboration platform for $1.275 billion in cash.

    The platform helps creative professionals streamline the video creation process by centralizing dailies, scripts, storyboards, works-in-progress, and more, while also allowing for frame-accurate feedback and comments, annotations, and real-time approvals. The company also touts faster upload speeds than other cloud hosting services such as Vimeo, Box, and Dropbox.

    In a statement about the acquisition, Adobe said the combination of its creative software and’s review and approval functions “deliver[s] a collaboration platform that powers the video editing process.”

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