The company has acquired 25 companies, purchased stakes in five, and divested six, most of which were software companies. Of the companies that Adobe has acquired, 18 were based in the United States. Adobe has not released the financial details for most of these mergers and acquisitions.

Adobe Inc. (/ əˈdoʊbi / ə-DOH-bee), formerly Adobe Systems Incorporated, is an American computer software company based in San Jose, California. It offers a wide range of programs from web design tools, photo manipulation and vector creation, through to video/audio editing, mobile app development, print layout and animation software.

Adobe has made 39 acquisitions across sectors such as AdTech, MarketingTech and others. Rephrase.ai, The Hustle and Abstract are its latest acquisitions.

Of the companies that Adobe has acquired, 18 were based in the United States. Adobe has not released the financial details for most of these mergers and acquisitions. Adobe's first acquisition was Emerald City Software in March 1990.

To get a clearer picture of Adobe’s ownership structure, let’s break it down into three main categories: co-founders, executives, and institutional investors. John Warnock and Charles Geschke, as the original founders of Adobe, still hold significant ownership in the company.