As the software industry is characterized by rapid technological change, a continuous
high level of investment is required for the enhancement of existing products
and services and the development of new products and services. We develop our
software internally as well as acquire products or technology developed by others
by purchasing the stock or assets of the business entity that owned the technology.
In other instances, we have licensed or purchased the intellectual property ownership
rights of programs developed by others with license or technology transfer agreements
that may obligate us to pay a flat license fee or royalties, typically based on
a dollar amount per unit shipped or a percentage of the revenue generated by those
programs.
Adobe Inc's Comment on Supply Chain
As the software industry is characterized by rapid technological change, a continuous
high level of investment is required for the enhancement of existing products
and services and the development of new products and services. We develop our
software internally as well as acquire products or technology developed by others
by purchasing the stock or assets of the business entity that owned the technology.
In other instances, we have licensed or purchased the intellectual property ownership
rights of programs developed by others with license or technology transfer agreements
that may obligate us to pay a flat license fee or royalties, typically based on
a dollar amount per unit shipped or a percentage of the revenue generated by those
programs.
Sources:
Adobe Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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