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In 1993, Adobe introduced PDF, the Portable Document Format, and its Adobe Acrobat and Reader software. Stable and full-featured, Photoshop 1.0 was ably marketed by Adobe and soon dominated the market. In 1989, Adobe introduced what was to become its flagship product, a graphics editing program for the Macintosh called Photoshop. For example, the 2007 fiscal year ended on November 30, 2007.
Adobe's fiscal years run from December to November. Its revenue has grown from roughly $1 billion in 1999 to $4 billion in 2012. Illustrator, which grew from the firm's in-house font-development software, helped popularize PostScript-enabled laser printers.Īdobe entered the NASDAQ Composite index in August 1986.
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In the mid-1980s, Adobe entered the consumer software market with Illustrator, a vector-based drawing program for the Apple Macintosh.
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Apple subsequently developed a competing standard, TrueType, which provided full scalability and precise control of the pixel pattern created by the font's outlines, and licensed it to Microsoft. Īdobe's first products after PostScript were digital fonts, which they released in a proprietary format called Type 1, worked on by Bill Paxton after he left Stanford. Warnock described the language as "extensible", in its ability to apply graphic arts standards to office printing. By 1987, PostScript had become the industry-standard printer language with more than 400 third-party software programs and licensing agreements with 19 printer companies.
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They weren't able to work with Compugraphic, but then worked with Linotype to license the Helvetica and Times Roman fonts (through the Linotron 100). Warnock and Geschke were also able to bolster the credibility of PostScript by connecting with a typesetting manufacturer. Adobe added kanji printer products in 1988. PostScript was the first truly international standard for computer printing as it included algorithms describing the letter-forms of many languages. Then they chose to focus on developing specialized printing software and created the Adobe PostScript page description language. Warnock and Geschke considered various business options including a copy-service business and a turnkey system for office printing. The purchase and advance made Adobe the first company in the history of Silicon Valley to become profitable in its first year.
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Jobs paid a five-times multiple of their company's valuation at the time, plus a five-year license fee for PostScript, in advance. Their investors urged them to work something out with Jobs, so they agreed to sell him shares worth 19 percent of the company. Steve Jobs attempted to buy the company for $5 million in 1982, but Warnock and Geschke refused. Adobe's corporate logo features a stylized "A" and was designed by Marva Warnock, a graphic designer who is also John Warnock's wife. That creek is so named because of the type of clay found there, which alludes to the creative nature of the company's software. The name of the company, Adobe, comes from Adobe Creek in Los Altos, California, which ran behind Warnock's house. The company was started in John Warnock's garage. It also has major development operations in Noida and Bangalore in India. Adobe also has major development operations in the United States in Newton, New York City, Minneapolis, Lehi, Seattle, Austin and San Francisco. Adobe later developed animation and multimedia through its acquisition of Macromedia, from which it acquired Adobe Flash video editing and compositing software with Adobe Premiere low-code web development with Adobe Muse and a suite of software for digital marketing management.Īs of 2019, Adobe has more than 21,000 employees worldwide, about 40% of whom work in San Jose. In 1985, Apple Computer licensed PostScript for use in its LaserWriter printers, which helped spark the desktop publishing revolution. Īdobe was founded in December 1982 by John Warnock and Charles Geschke, who established the company after leaving Xerox PARC to develop and sell the PostScript page description language. Adobe offered a bundled solution of its products named Adobe Creative Suite, which evolved into a subscription software as a service (SaaS) offering named Adobe Creative Cloud. Its flagship products include Adobe Photoshop image editing software Adobe Illustrator vector-based illustration software Adobe Acrobat Reader and the Portable Document Format (PDF) and a host of tools primarily for audio-visual content creation, editing and publishing. Incorporated in Delaware Īnd headquartered in San Jose, California, it has historically specialized in software for the creation and publication of a wide range of content, including graphics, photography, illustration, animation, multimedia/video, motion pictures and print.
( / ə ˈ d oʊ b iː/ ə-DOH-bee), originally called Adobe Systems Incorporated, is an American multinational computer software company.
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