Photoshop maker Adobe to buy video ad firm TubeMogul for $540m

Photoshop maker Adobe to buy video ad firm TubeMogul for $540m

Adobe company logos are seen in this picture illustration taken in Vienna July 9, 2013. Picture taken July 9, 2013. REUTERS/Leonhard Foeger

Photoshop software maker Adobe Systems Inc said on Thursday it would buy advertising company TubeMogul Inc for about $540 million, net of debt and cash, giving it a bigger presence in the rapidly growing online video market.

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