Abode will commence a cash tender offer to acquire all of the common stock of
TubeMogul for dollar 14 per share. Tubemogul is a leader in video advertising and
has a solitary platform that enables brands and agencies to plan and buy video
advertising across desktops, seaming devices, mobiles, and TVs. Adobe marketing
cloud is world’s most integrated solution for delivering exceptional digital
experiences. Adobe and TubeMogul share same culture and vision.
Two main investors of adobe are apple and Eton Park Capital Management. The
combination of adobe marketing cloud with TubeMogul creates a unique platform
that will assist matters and accordingly they can act on it. The potential financial
impact to adobe is not reflected in financial targets prior to it. Adobe believes that
acquisition of TubeMogul will be neutral to adobe’s non-GAAP earnings 2017.
The main vision of adobe is for delivering the world's greatest digital experiences
through the creative cloud, marketing gold solutions, and document cloud and
will continue to expand the long-term growth opportunities. Adobe expects to
achieve Q4 FY2016 revenue in its targeted range of 1.55 billion dollars. The
company is also on the track to achieve earnings per share within its targeted
ranges on GAAP basis and NON-GAAP basis.
Adobe is changing the world through digital experiences as it is a software
company that offers its users with digital marketing and media solutions. Its tools
and services allow its customers to create groundbreaking digital content and to
deploy it across media and devices and will achieve greater business success. The
company assists and helps its clients to manage measure and monetize. Its main
product includes Photoshop, flash, In Design, acrobat and many other.