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ADBE 173.57-0.6%Dec 8 8:10 PM ESTNews

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From: Sr K10/3/2011 12:54:56 PM
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Press Release Source: Adobe Systems Incorporated On Monday October 3, 2011, 12:48 pm

LOS ANGELES--(BUSINESS WIRE)-- At its MAX 2011 technology conference, Adobe Systems Incorporated (Nasdaq:ADBE - News) today announced that it has acquired privately held Typekit Inc., a leader in the delivery of hosted, high-quality fonts for use on websites. Available as a subscription-based cloud service, Typekit’s vast font library gives designers and developers creative license to deliver beautiful type that enhances the Web experience. Today, more than 250,000 customers use Typekit, including some of the largest sites on the Web, such as The New York Times, Condé Nast, IGN and many others.

Typekit fonts will be offered as a standalone service and over time as part of Adobe® Creative Cloud. A major new initiative from the company, Adobe Creative Cloud was announced – along with six Adobe Touch Apps for Android and iOS tablet devices – by Kevin Lynch, chief technology officer of Adobe, during his keynote presentation at MAX this morning (see separate press releases).


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