Using a tried and true method to make up for lost time, Adobe is acquiring two companies, Nitobi and TypeKit, to give it more strength in a fast-moving area where it's playing catch-up.
Overall, both acquisitions make sense strategically. Each gives Adobe a solid new starting point for aspects of new-age technology. Terms weren't disclosed, though, so it's not clear whether Adobe had to pay a premium for the companies. The TypeKit acquisition is complete, but the Nitobi buy is subject to closing conditions that should be met this month, Adobe said.
Nitobi makes PhoneGap, an open-source programming tool for creating Web apps that run on a variety of mobile phones. That aligns well with the cross-platform approach Adobe has favored with Flash: give programmers the ability to create what they want, and let the tools worry about the differences from one system to another. … Read more