![]() ![]() Adobe has acquired many components that now compose its. ![]() The Goodwin team was led by Joshua Klatzkin, Joseph Bernardi, Alese Bagdol, Ortal Ben Aharon, Luke Neveu and Brandon Cuffy and included Kelsey Lemaster, Nicole Spiteri, Jennifer Fay, Kevin Lam, Kevin Liu, Sarah Bock, Monica Patel, Richard Matheny, Jake Osborne, Charles Li.įor additional details on the acquisition, please read the press release. The digital customer experience software provider acquired Workfront, a work management platform for marketers, for 1.5 billion. Workfront was founded to help people, teams, and companies do their best work. Workfront is the leader in enterprise work management, trusted by more than 3,000 companies, one million users, and 10 out of 10 of the world’s top brands. While the 1.5 billion acquisition of Workfront is more than a single tip of the hat for the PPM category, it marked a thunderclap for the enterprise. When a user is viewing the Document Details page and clicks on an optikon in the Proofing Activities menu, the user is directed to a login page instead of the intended destination page. Until the transaction closes, each company will continue to operate independently. The transaction, which is expected to close during the first quarter of Adobe’s 2021 fiscal year, is subject to regulatory approval and customary closing conditions. The Private Equity team advised Workfront in its definitive agreement to be acquired by Adobe (Nasdaq:ADBE) for $1.5 billion, subject to customary purchase price adjustments.
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