Adobe Systems Incorporated (pronounced /əˈdoʊbiː/ ə-DOH-bee) (NASDAQ: ADBE) is an American computer software company headquartered in San Jose, California, USA. The company has historically focused upon the creation of multimedia and creativity software products, with a more-recent foray towards rich Internet application software development.
Adobe was founded in December 1982[2] by John Warnock and Charles Geschke, who established the company after leaving Xerox PARC in order to develop and sell the PostScript page description language. In 1985, Apple Computer licensed PostScript for use in its LaserWriter printers, which helped spark the desktop publishing revolution. The company name Adobe comes from Adobe Creek in Los Altos, California, which ran behind the house of one of the company's founders.[2] Adobe acquired its former competitor, Macromedia, in December 2005, which added newer software products and platforms such as Coldfusion, Dreamweaver, Flash and Flex to its product portfolio.
As of August 2009, Adobe Systems has 7,564 employees,[2] about 40% of whom work in San Jose. Adobe also has major development operations in Orlando, FL; Seattle, WA; San Francisco, CA; Orem, UT; Ottawa, Ontario; Minneapolis, MN; Waltham, MA; San Luis Obispo, CA; Hamburg, Germany; Noida, India; Bengaluru, India; Bucharest, Romania; Beijing, China.
Adobe is a leading software company, with headquarters in San Jose, CA. They are publically traded on the NASDAQ under the symbol ADBE. Adobe products include industry leading software, such as Photoshop, as well as leading technologies, such as Portable Documnet Format (PDF). They also sell popular server software, such as ColdFusion. Adobe's popular development tools include Dreamweaver and Flash. The company has approximately 7,000 employees worldwide. Adobe's revenues, which have steadily climbed each year, topped the $3 Billion mark in 2007.
Adobe Systems Company History:
Adobe was founded in 1982 by John Warnock and Charles Geschke. The founders had left Xerox PARC and established the company to develop and sell a page description language caled Postscript, which was later licensed by Apple Computer and helped revolutionize the desktop publishing industry. As the company grew and expanded their software, web development tools and publishing tools groups, they opened offices around the world. Adobe's market penetration is truly worldwide, with more than half of their revenues generated outside the United States
Our Employee Benefits and Executive Compensation Group is experienced in all areas of benefits and compensation. We provide integrated advice that helps companies in many of the most competitive industries attract and retain key talent. We strive to provide practical guidance that enables our clients to navigate the maze of detailed public disclosure requirements, changing tax and accounting rules, and increased shareholder and regulatory scrutiny of company compensation practices.
We have significant expertise advising on equity compensation plans, cash incentive plans, traditional employee benefits, grant practices, and plan governance. We also counsel clients engaged in mergers, acquisitions, or public offerings. We counsel and negotiate on behalf of our clients on the ERISA-prohibited transaction and fiduciary aspects of investments by pension plans in investment funds. In addition, we assist our clients, which include lenders, general partners, and employee benefit plan investors, to structure investments that comply with the fiduciary and prohibited transaction aspects of ERISA.
We design “omnibus” equity compensation plans that give companies maximum flexibility to provide appropriate stock-based compensation vehicles for senior executives and directors as well as the broader employee base. We help design cash-based bonus and incentive programs that help our clients maximize the deductibility of compensation under Section 162(m).
Our team designs and administers all manner of qualified and non-qualified retirement benefits, as well as welfare and fringe benefits. We help companies develop equity grant practices that meet their hiring and retention needs and take into account the heightened regulatory interest in the timing of grants and the grant process. Our significant experience working with serial acquirors gives us insight into what is “market” at the negotiation and diligence phase of a deal, as well as what companies do in the post-transaction integration of compensation and benefits programs. This expertise, in turn, benefits our clients who may be acquisition targets. We help design programs that properly motivate and retain key contributors while helping to avoid arrangements that could make the company less attractive in the acquisition marketplace. We also assist with strategies to avoid or minimize the impact of the “golden parachute” rules on the compensation of senior executives.
Our standard equity compensation plans facilitate the smooth transition of stock-based awards in accordance with the desired deal terms.
We serve a range of clients, including both private and public companies and senior executives. At our larger clients, we work with in-house finance, legal, and human resources personnel to help our clients implement “best practices” compensation programs. We also have extensive experience counseling emerging growth companies from their earliest stages through liquidity events that frequently include initial public offerings. Our group has helped more than 50 companies make the transition from private company to public company compensation and benefits. As our clients grow, they benefit from our experience helping public companies meet the challenge of providing incentives to an increasingly global workforce.
Our Employee Benefits and Executive Compensation clients include Adobe Systems, Inc., BEA Systems, Inc., CyberSource Corp., Franklin Resources, Inc., Fujitsu, Ltd., Genentech, Inc., Intel Corporation, JDS Uniphase Corp., Novellus Systems, Inc., Oracle Corporation and PG&E Corporation.
Adobe was founded in December 1982[2] by John Warnock and Charles Geschke, who established the company after leaving Xerox PARC in order to develop and sell the PostScript page description language. In 1985, Apple Computer licensed PostScript for use in its LaserWriter printers, which helped spark the desktop publishing revolution. The company name Adobe comes from Adobe Creek in Los Altos, California, which ran behind the house of one of the company's founders.[2] Adobe acquired its former competitor, Macromedia, in December 2005, which added newer software products and platforms such as Coldfusion, Dreamweaver, Flash and Flex to its product portfolio.
As of August 2009, Adobe Systems has 7,564 employees,[2] about 40% of whom work in San Jose. Adobe also has major development operations in Orlando, FL; Seattle, WA; San Francisco, CA; Orem, UT; Ottawa, Ontario; Minneapolis, MN; Waltham, MA; San Luis Obispo, CA; Hamburg, Germany; Noida, India; Bengaluru, India; Bucharest, Romania; Beijing, China.
Adobe is a leading software company, with headquarters in San Jose, CA. They are publically traded on the NASDAQ under the symbol ADBE. Adobe products include industry leading software, such as Photoshop, as well as leading technologies, such as Portable Documnet Format (PDF). They also sell popular server software, such as ColdFusion. Adobe's popular development tools include Dreamweaver and Flash. The company has approximately 7,000 employees worldwide. Adobe's revenues, which have steadily climbed each year, topped the $3 Billion mark in 2007.
Adobe Systems Company History:
Adobe was founded in 1982 by John Warnock and Charles Geschke. The founders had left Xerox PARC and established the company to develop and sell a page description language caled Postscript, which was later licensed by Apple Computer and helped revolutionize the desktop publishing industry. As the company grew and expanded their software, web development tools and publishing tools groups, they opened offices around the world. Adobe's market penetration is truly worldwide, with more than half of their revenues generated outside the United States
Our Employee Benefits and Executive Compensation Group is experienced in all areas of benefits and compensation. We provide integrated advice that helps companies in many of the most competitive industries attract and retain key talent. We strive to provide practical guidance that enables our clients to navigate the maze of detailed public disclosure requirements, changing tax and accounting rules, and increased shareholder and regulatory scrutiny of company compensation practices.
We have significant expertise advising on equity compensation plans, cash incentive plans, traditional employee benefits, grant practices, and plan governance. We also counsel clients engaged in mergers, acquisitions, or public offerings. We counsel and negotiate on behalf of our clients on the ERISA-prohibited transaction and fiduciary aspects of investments by pension plans in investment funds. In addition, we assist our clients, which include lenders, general partners, and employee benefit plan investors, to structure investments that comply with the fiduciary and prohibited transaction aspects of ERISA.
We design “omnibus” equity compensation plans that give companies maximum flexibility to provide appropriate stock-based compensation vehicles for senior executives and directors as well as the broader employee base. We help design cash-based bonus and incentive programs that help our clients maximize the deductibility of compensation under Section 162(m).
Our team designs and administers all manner of qualified and non-qualified retirement benefits, as well as welfare and fringe benefits. We help companies develop equity grant practices that meet their hiring and retention needs and take into account the heightened regulatory interest in the timing of grants and the grant process. Our significant experience working with serial acquirors gives us insight into what is “market” at the negotiation and diligence phase of a deal, as well as what companies do in the post-transaction integration of compensation and benefits programs. This expertise, in turn, benefits our clients who may be acquisition targets. We help design programs that properly motivate and retain key contributors while helping to avoid arrangements that could make the company less attractive in the acquisition marketplace. We also assist with strategies to avoid or minimize the impact of the “golden parachute” rules on the compensation of senior executives.
Our standard equity compensation plans facilitate the smooth transition of stock-based awards in accordance with the desired deal terms.
We serve a range of clients, including both private and public companies and senior executives. At our larger clients, we work with in-house finance, legal, and human resources personnel to help our clients implement “best practices” compensation programs. We also have extensive experience counseling emerging growth companies from their earliest stages through liquidity events that frequently include initial public offerings. Our group has helped more than 50 companies make the transition from private company to public company compensation and benefits. As our clients grow, they benefit from our experience helping public companies meet the challenge of providing incentives to an increasingly global workforce.
Our Employee Benefits and Executive Compensation clients include Adobe Systems, Inc., BEA Systems, Inc., CyberSource Corp., Franklin Resources, Inc., Fujitsu, Ltd., Genentech, Inc., Intel Corporation, JDS Uniphase Corp., Novellus Systems, Inc., Oracle Corporation and PG&E Corporation.