Adobe has announced the completion of its acquisition of cloud-based video collaboration platform, Frame.io. The deal was announced in August for a reported $1.275 billion.
The company said that the “combination of Adobe’s leading video editing offerings – including Adobe Photoshop, Adobe Premiere Pro and Adobe After Effects – with Frame.io’s cloud-based review and approval functionality will radically accelerate the creative process and deliver an end-to-end video platform.”
Frame.io has more than a million users and enables editors and production staff to collaborate using cloud workflows. “With the growing importance of video, we’re proud to add Frame.io’s industry-leading, cloud-native workflow capabilities to Creative Cloud,” said Scott Belsky, chief product officer and executive vice president, Creative Cloud. “We are committed to enabling collaboration beyond Adobe’s applications to the growing number of third-party applications across the creative ecosystem, many of which Frame.io supports.”
Frame.io co-founder and CEO Emery Wells will continue to lead the Frame.io team, reporting to Scott Belsky as part of the Creative Cloud organisation.
