Adobe Inc.
Adobe Inc., formerly Adobe Systems Incorporated, is a major American software company headquartered in San Jose, California, founded in December 1982 by John Warnock and Charles Geschke after they left Xerox PARC. The company is best known for its creative tools like Photoshop and Illustrator, as well as the PDF format and the subscription-based Adobe Creative Cloud, and it has also expanded into digital marketing and Customer Experience Management. Its early breakthrough came in 1985 when Apple licensed its PostScript language for the LaserWriter printer, sparking the desktop publishing revolution. The company's name comes from Adobe Creek in Los Altos, California, which ran behind Warnock's house, and its logo was designed by his wife, Marva; notably, Steve Jobs tried to buy the company for $5 million in 1982, but the founders instead sold him a 19% stake, making Adobe the first Silicon Valley company to be profitable in its first year. As of 2022, Adobe employs over 26,000 people worldwide, with major development hubs in the U.S. and India. However, it has faced significant criticism and a joint civil lawsuit from the U.S. FTC and DOJ in 2024 over its switch to subscription-only pricing and early termination fees for its Creative Cloud plans.
Source: Adobe Inc. — Wikipedia · Summary by RollWiki AI · Language: English
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