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Adobe buys Day Software for $240 million

Adobe buys Day Software for $240 million

Adobe Systems said Wednesday that it has acquired Day Software, which makes enterprise content management software, for $240 million.

The acquisition of Day, based in Switzerland, is designed to bolster Adobe’s enterprise lineup, according to Adobe. Adobe will combine Day’s software–its flagship suite is called CQ5–with its Web content, digital asset management, and social collaboration tools.

Meanwhile, Day gives Adobe another avenue to spread its Flash, Flex, and LiveCycle tools in the enterprise.

Source: C|Net

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