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December 21, 2012 11:54 pm GMT
Adobe announced yesterday that it had acquired New York-based company Behance. With 1 million members, the startup developed a LinkedIn for artists, allowing users to showcase their visual work. We just learned the financial terms from multiple sources. Adobe paid slightly more than $150 million in cash and stock, with certain growth goals to attain over multiple years.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/IFm4zYED9Ds/
Adobe Acquired Portfolio Service Behance For More Than $150 Million In Cash And Stock
Adobe announced yesterday that it had acquired New York-based company Behance. With 1 million members, the startup developed a LinkedIn for artists, allowing users to showcase their visual work. We just learned the financial terms from multiple sources. Adobe paid slightly more than $150 million in cash and stock, with certain growth goals to attain over multiple years.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/IFm4zYED9Ds/
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