The aim of the acquisition is to enhance Adobe’s ability to quickly broaden its ePaper solution business by combining Accelio’s electronic forms solutions to its portable document format (PDF) technologies.
Under the terms of the agreement, Adobe common stock valued at $72m on closing will be exchanged for all Accelio equity securities, translating to $4.5 per Accelio share.
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
Barclays has partnered with accounting software company Xero to provide businesses with access to transaction data through its direct feed.
Government's estimate of a £400m admin saving from Making Tax Digital is way off - and is instead a huge cost burden, warns Lamont Pridmore chief executive Graham Lamont
Xero unveiled its expanded global partner programme at Xerocon South, the accounting technology conference in Australasia