Adobe was founded in 1982 and was named for a creek that ran behind a garage belonging to John Warnock, one of its cofounders. Adobe’s first products included specialized printing software and digital fonts. Adobe launched Illustrator, its first consumer software offering in the mid-1980s. The company went public in 1986.
Today, Adobe Inc. is a multinational computer software company based in San Jose, California. The company claims that more than 90% of creative professionals around the world use Photoshop and that its Creative Cloud mobile apps have been downloaded more than 449 million times. As of January 2022, Adobe trades on the Nasdaq with a market cap of approximately $240 billion. For the fiscal year ended December 3, 2021, Adobe reported total revenues of $15.8 billion.
Adobe established Adobe Research, located at its corporate headquarters, to combine “cutting-edge academic discovery with industry impact” and “shape early-stage ideas into innovative technologies.” Its …