“SAN FRANCISCO (Reuters) – Adobe Systems Inc (ADBE.O) said on Monday it was putting under one roof businesses selling software for computers, phones and consumer electronics to make them run on a single technology platform. “
The announcement is part of a series of management restructuring moves Adobe is making following the planned retirement of two long-time executives, effective May 1. A spokeswoman said no employee job losses would result.
The move represents the further consolidation of its 2005 Macromedia acquisition with the broader Adobe organization while also recognizing the growing convergence of once-distinct software and the need for it to run across a range of devices.
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