Adobe acquires Day Software Holding AG

Adobe acquired Day Software Holding AG for approximately $248.3 million (tender offer of 139 Swiss Francs per share in cash), a transaction completed in October 2010, structured as all cash (public tender offer).

Day Software Holding AG operates in Enterprise / Digital Experience, is based in Basel, Switzerland and Boston, Massachusetts. Day Software Holding AG was a leading provider of web content management, digital asset management, and social collaboration software. Adobe completed a public tender offer to acquire all publicly held registered shares of Day for 139 Swiss Francs per share in cash, a transaction valued at approximately $248.3 million on a fully diluted equity-value basis.

Adobe stated that Day's leading web content management solutions combined with Adobe's existing portfolio formed a powerful offering for customer experience management, helping customers integrate their global web presence and business applications and unlock value across marketing, sales, and service processes.

Advisory firms were not disclosed for this transaction.

You're subscribed.

Thanks for signing up.