Monday, March 21, 2011

Adobe Systems Inc. (NASDAQ:ADBE) Launches Next-Gen Platform

Adobe Systems Inc. (NASDAQ:ADBE) has launched a next-generation platform. Adobe Systems Inc. (NASDAQ:ADBE) Launches Next-Gen Platform Adobe Systems Inc. (NASDAQ:ADBE) has said that it has introduced a new, next-generation platform for the Adobe Online Marketing Suite, which is powered by Omniture. Adobe Systems Inc. (NASDAQ:ADBE) has also added a new version of Adobe SiteCatalyst, which includes enhancements that directly result from the new platform capabilities. Brad Rencher, the vice president and general manager, Omniture Business Unit, Adobe Systems Inc. (NASDAQ:ADBE) said that, "Our new platform is a revolutionary advancement for the Adobe Online Marketing Suite and will allow us to meet the demands of digital marketers well into the future." Rencher added, "Customers are already raving about the Suite's enhanced abilities to help them pull understanding and actionable insight out of a growing maelstrom of data. We are delivering on our promise to make digital marketing easier so that marketers spend less time on technology and more time on what they do best, marketing." Adobe Systems Inc. (NASDAQ:ADBE) shares were at 31.99 at the end of the last day’s trading. There’s been a 11.1% movement in the stock price over the past 3 months. Adobe Systems Inc. (NASDAQ:ADBE) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.98 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.16 Zack’s Rank: 16 out of 83 in the industry
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