You are going to get people anticipating bidding from other companies. They should think about selling the company. Possible suitors include Xerox, Kodak, IBM, and Hewlett-Packard, she said. Regardless of whether Quark proceeds with its bid, Adobe must quickly figure out how to turn its business fortunes around. Earlier this year, it released new versions of several key products, including Premiere and Photoshop.
Upgrades usually boost software companies' revenues significantly.
But two weeks ago, Adobe said it would cut 300 jobs, or 10 percent of its work force, and give three executives the boot to cope with declining sales in Japan. It also said it might report a loss in the third quarter. Revenue for the period ended 29 May was flat, despite the release of new products. Adobe turned Quark down because it said Quark didn't technically make an offer. This is not in the customer's best interest.