Adobe acquires Frame.io, Inc.

Adobe acquired Frame.io, Inc. for approximately $1.18 billion, a transaction completed in October 2021, structured as Primarily cash consideration.

Frame.io, Inc. operates in Creative / Digital Media. Frame.io was a privately held company that provides a cloud-based video collaboration platform, acquired on October 7, 2021 for approximately $1.18 billion. It was integrated into Adobe's Digital Media segment and Creative Cloud.

Adobe stated that with the acquisition of Frame.io it aimed to make the creative process more collaborative, productive, and efficient by enhancing Creative Cloud with Frame.io's cloud-native collaboration workflows, including deeper review and approval capabilities in Premiere Pro and After Effects for a native collaborative video editing platform.

Advisory firms were not disclosed for this transaction.

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