![]() ![]() ![]() Workfront CEO Alex Shootman said that, “We’re excited to join Adobe and believe this will be a tremendous opportunity for our customers and partners.” Shootman will continue to lead the Workfront team while reporting to Chakravarthy, once the acquisition would complete sometime by the end of first quarter of Adobe’s 2021 fiscal year. ![]() The value of the deal is reported to be 1.5 billion, and it is likely to close between December and next February. This will add a high-profile collaboration to its Experience Cloud. The combination of Adobe and Workfront will provide a pioneering solution that spans the entire lifecycle of digital experiences, from ideation to activation. Adobe has announced its intent to acquire Workfront for 1.5 billion. In breaking news, the CX and creative giant Adobe has announced that it will acquire work management platform Workfront. The list includes prominent organizations such as Deloitte, Under Armour, Nordstrom, Prudential Financial, T-Mobile, and The Home Depot.Ĭommenting on the acquisition, Adobe said that the acquisition will further advance Adobe’s leadership in customer experience management. With strong product synergies Adobe and Workfront share about 1,000 customers. Equipped with APIs (Application Programming Interface), Workfront will provide a seamless connection to Adobe Creative Cloud and Adobe Experience Cloud. ![]() Workfront and Adobe have a history of collaboration and there are cultural synergies that will likely make the merger relatively seamless from a customer perspective. Trusted by more than 3000 companies, it aims to help people, organizations and teams to enhance their performance. VENDORiQ: Adobe to Acquire Workfront for USD1.5 billion Email The Latest : Adobe. Based in Utah, Workfront is a leading work management platform for marketers. ![]()
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