Design software maker Adobe Systems has just announced that its quarterly profit jumped 38%.
Adobe, known for its Photoshop editing and Acrobat document-sharing software, also said Chief Financial Officer Murray Demo had resigned to spend more time with his family and that a search for his replacement had begun.
Looks like revenues and earnings for the entire year will be way ahead of analysts predictions as well. This caps a great year for Adobe. Closing the Macromedia acquisition was the icing on the cake.
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