'Microsoft mulls possible acquisition of Adobe'

Written by: Nitsi
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New Delhi, Oct 8: Microsoft discussed the possibility of buying out Adobe Systems at a recent meeting between their chief executives Steve Ballmer and Shantanu Narayen, says a report.

According to Financial Times, a possible Microsoft acquisition of Adobe Systems was among the ideas for closure cooperation, raised at a meeting of their chiefs.

Quoting one person familar with the meeting, it noted the suggestion had not led to any active takeover discussions, while the other person said no deal was "imminent".

Arising from a broader discussion about whether the two entities should ally against Apple, highlights Microsoft's willingness to consider more radical tactics in its efforts to counter Apple's success with iPhone and iPad.

Meanwhile, Microsoft and Adobe have often found themselves at loggerheads.

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