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Adobe (ADBE) to Acquire Omniture (OMTR) For $21.50, A 24% Premium

September 15, 2009 4:08 PM EDT
ADBE Hot Sheet
Overall Analyst Rating:
    NEUTRAL (Up Up)

EPS Growth %: -1.7%
Adobe Systems (Nasdaq: ADBE) is buying Omniture, Inc. (Nasdaq: OMTR) for approximately $1.8 billion. Under the terms of the agreement, Adobe will commence a tender offer to acquire all of the outstanding common stock of Omniture for $21.50 per share in cash.

Adobe's acquisition of Omniture furthers its mission to revolutionize the way the world engages with ideas and information. By combining Adobe's content creation tools and ubiquitous clients with Omniture's Web analytics, measurement and optimization technologies, Adobe will be well positioned to deliver solutions that can transform the future of engaging experiences and e-commerce across all digital content, platforms and devices.

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