In a deal valued at $1.7 billion, Adobe has announced their intention to acquire Frame.io. The acquisition brings together Adobe’s suite of creative software, including Premiere Pro and After Effects, with Frame.io’s cloud-based video collaboration platform. The combination of Adobe’s video editing products, and Frame.io’s review and approval functionality, will deliver a collaboration platform designed to streamline the work of content creators.
In addition to editing and visual effects capabilities, Adobe’s creative tools also include Adobe Creative Cloud Libraries, Cloud Documents, Design Systems in Adobe XD, Adobe Stock, Adobe Fonts, and Adobe Illustrator, all of which together with Frame.io will make it easy for teams to collaborate. While still subject to regulatory approvals and typical closing conditions, the acquisition is expected to be completed in the next few months. Until the deal is final, each company will continue to operate independently. Upon close, Frame.io co-founder and CEO Emery Wells and co-founder John Traver will join Adobe. Wells will continue to lead the Frame.io team, reporting to Scott Belsky, and as far as we know, DCS Advisory Board member Michael Cioni remains on that team.