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Adobe completes acquisition of

Completion of the acquisition will bolster collaboration for professional users across Adobe's suite of editing services, including Premiere Pro and After Effects. founder and CEO Emery Wells to stay on

Adobe has announced the completion of its acquisition of cloud-based video collaboration platform, 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’s cloud-based review and approval functionality will radically accelerate the creative process and deliver an end-to-end video platform.” 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’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 supports.” co-founder and CEO Emery Wells will continue to lead the team, reporting to Scott Belsky as part of the Creative Cloud organisation.