Adobe completes Omniture purchase

Published: Tuesday, Oct. 27 2009 12:00 a.m. MDT

Adobe Systems Inc. has completed its acquisition of Orem-based Omniture Inc.

Adode wholly owned subsidiary Snowbird Acquisition Corp. acquired all outstanding Omniture common-stock shares at $21.50 per share, for a total of about $1.8 billion.

Omniture, which has about 600 employees in Orem, has become a wholly owned subsidiary of Adobe. The deal was announced Sept. 15.

Adobe is the world's largest graphic-design software program maker. Omniture offers a variety of Web traffic analysis and other products for companies to improve their marketing over the Internet.

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