Adobe Systems Inc (NASDAQ:ADBE)

Adobe Systems Inc offers a line of software and services used by creative professionals, marketers, developers, enterprises and consumers for creating, managing, delivering, measuring, optimizing and engaging with compelling operating systems.

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Adobe Systems Inc was originally incorporated in California in October 1983 and was reincorporated in Delaware in May 1997. It is a global software company. The Company offers a line of software and services used by creative professionals, marketers, knowledge workers, application developers, enterprises and consumers for creating, managing, delivering, measuring, optimizing and engaging with compelling content and experiences across multiple operating systems, devices and media. The Company also distributes its products through a network of distributors, value-added resellers, systems integrators, independent software vendors, retailers and original equipment manufacturers. In addition, the Company licenses its technology to hardware manufacturers, software developers and service providers for use in their products and solutions. The Company offers some of its products via a Software-as-a-Service model as well as through term subscription and pay-per-use models. Its software runs on personal computers and server-based computers, as well as on smartphones, tablets and other devices, depending on the product. The Company has operations in the Americas, Europe, Middle East and Africa and Asia. It categorizes its products and services into the various businesses namely Creative and Interactive Solutions, Digital Media Solutions, Knowledge Worker, Enterprise, Omniture and Print and Publishing. Digital Media Solutions segment contains its professional imaging and video products and focuses on many of the same creative professional customers as its Creative and Interactive Solutions business. Knowledge Worker segment focuses on the needs of knowledge worker customers, providing essential applications and services to help them share information and collaborate. This segment contains Acrobat family of products and on-demand, web-based, electronic signature solutions resulting from its acquisition of EchoSign. Enterprise segment provides server-based Customer Experience Management Solutions to enterprise and government customers to optimize their information intensive customer-facing processes and improve the overall customer experience of their constituents. This segment contains Adobe Connect, Day and LiveCycle lines of products. Omniture segment provides web analytics and online business optimization products and services to manage and enhance online, offline and multi-channel marketing initiatives. Print and Publishing segment addresses market opportunities ranging from the diverse publishing needs of technical and business publishing to its legacy type and OEM printing businesses. The Company faces direct and indirect competition in the consumer digital imaging market, including ACD Systems, AI Soft (Japan), Apple, ArcSoft, Corel, i4 (Japan), Google, Kodak, Nova Development, Magix, Microsoft, Photodex Corporation, Sonic (owned by Rovi), Pinnacle (owned by Avid) and Sony. In addition, it also faces competition from device, hardware and camera manufacturers such as Apple, Canon, Dell, Hewlett-Packard, Nikon, Phase One, Sony.