Adobe to Buy Video-Production Platform Frame.io for About $1.3 Billion

Adobe to Buy Video-Production Platform Frame.io for About $1.3 Billion

Adobe announced a deal to acquire Frame.io, a cloud-based video collaboration platform, in a transaction worth $1.275 billion. Adobe said the deal is expected close during the fourth quarter of its 2021 fiscal year (which ends in late November), subject to regulatory approval and other closing conditions. Upon close, Frame.io co-founder and CEO Emery Wells […]