Summary
Adobe Inc. (ADBE) has officially completed its acquisition of Marketo, Inc. for approximately $4.75 billion on October 31, 2018. This strategic move is expected to bolster Adobe's leadership in the experience business by integrating Marketo's robust marketing automation platform into its existing offerings. The acquisition signifies a significant investment and a major step for Adobe in expanding its digital marketing capabilities. While the full financial statements and pro forma information for Marketo will be filed in an amendment, the market can anticipate the impact of this integration on Adobe's future growth and competitive positioning in the digital experience market.
Key Highlights
- 1Adobe Inc. completed the acquisition of Marketo, Inc. on October 31, 2018.
- 2The aggregate purchase price for Marketo was approximately $4.75 billion, subject to adjustments.
- 3This acquisition is intended to enhance Adobe's leadership in the experience business.
- 4Marketo's marketing automation platform is expected to be integrated into Adobe's offerings.
- 5The company filed an 8-K report to announce the completion of the acquisition.
- 6Financial statements and pro forma information for Marketo will be filed in a subsequent amendment.