Adobe Systems Incorporated – Company Information
|Company||Adobe Systems Incorporated|
|Headquarters||345 Park Avenue, San Jose, California|
|Founder||Charles Geschke and John Warnock|
|CEO and Chairman||Shantanu Narayen|
|NASDAQ stock symbol||ADBE|
|Revenue||US$7.30 billion (2017)|
|Net income||US$1.69 billion (2017)|
|Description||Adobe Systems Incorporated is a multinational computer software company based in San Jose, California, USA.
The company was founded by two former Xerox PARC employees, John Warnock and Charles Geschke, in 1982.
The two men created Adobe to develop the PostScript page description language. The company went onto to develop consumer software with its iconic vector-based drawing program “Adobe Illustrator”.
It wasn’t until 1993 that the company introduced the revolutionary file format “PDF”, the Portable Document Format, and its Adobe Acrobat and Reader software.
Adobe went public on August 20, 1986, at a split-adjusted share price of US$.17. Its stock is traded on the NASDAQ Stock Market under the symbol ADBE.
According to the company, over 90% of the world’s creative professionals use Photoshop and more than 5,000 of the world’s top brands rely on Adobe digital marketing solutions.