Word that Microsoft may purchase Adobe in a move to block Apple’s growth in the mobile market surfaced Thursday evening, but insider sources familiar with the meeting between the two company’s CEOs that led to the rumor are calling the idea “nonsense.”
Unnamed sources at both Microsoft and Adobe agree that the buyout rumors are way off base, according to AllThingsD.
Microbe? Not likely.
Microsoft’s Steve Ballmer and Adobe’s Shantanu Narayen recently met to discuss undisclosed topics that allegedly included Apple refusing to allow Flash on iOS devices, along with collaborative business strategies. Microsoft refused to comment on the meeting, although Adobe representatives said “Adobe and Microsoft share millions of customers around the world and the CEOs of the two companies do meet from time to time. However, we do not publicly comment on the timing or topics of their private meetings.”
Had the CEOs been discussing some kind of merger, the meeting most likely would have been someplace other than Adobe’s headquarters, and probably would’ve includes a herd of lawyers in tow.
Just like the sources that claimed a Microsoft buyout was on the table, the sources claiming the report is wrong are all anonymous. The idea that Adobe would agree to a Microsoft buyout just to reign in Apple’s mobile growth, however, seems a little far fetched.
For now it appears that Adobe is off the chopping block.