Adobe is purchasing cloud-based video collaboration platform Frame.io for $1.275 billion in a deal expected to close in Q4 2021, which ends in late November. Frame.io co-founder and chief executive Emery Wells and co-founder John Traver will join Adobe, with Wells leading the Frame.io team and reporting to Adobe chief product officer Scott Belsky, who is also executive vice president of Adobe Creative Cloud. Adobe will integrate the company’s review-and-approval functionality with Premiere Pro, After Effects, Photoshop, Illustrator and “other Adobe Creative Cloud applications.” Continue reading Adobe Is Buying Collaborative Video Software Firm Frame.io

Twitter has purchased Lightwell, an app creation engine originally debuted two years ago by Hullabalu, an interactive storytelling startup. In its Twitter account, Lightwell said its work would focus on conversations and that its toolset, which has required a subscription, will be available for free this week as part of the purchase. Without the need to create an account, Lightwell users will be able to “layout, prototype, and export to iOS.” Lightwell also announced that it would no longer support or add new features to the toolset. Financial terms of the acquisition have not been disclosed. Continue reading Twitter Plans to Improve Conversations, Acquires Lightwell

Adobe Systems, now focused on a strategy to make its popular software compatible across multiple devices, plans to introduce a full version of its popular Photoshop app for Apple’s iPad, said sources. The app, which will likely be introduced at the company’s October creative conference, is also intended to drive new subscriptions. The new Adobe app for iPad will be released widely in 2019, although engineering could still change the dates. Adobe switched its business model to a software subscription model in 2012. Continue reading Adobe Updates Creative Cloud with Photoshop App for iPad