Adobe releases software to bolster defense against Apple’s jobs

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Adobe Systems Inc. Chief Executive Officer Shantanu Narayen released an overhaul of the company’s most profitable product today, bolstering defenses against mounting criticism by Apple Inc. of his flagship Flash software.

Narayen today announced a new version of Adobe’s Creative Suite, five groupings of as many as 15 programs that rely on Flash to create Web video and make sites more interactive. His engineers spent 18 months updating the applications, which made up $1.7 billion, or about 60 percent of Adobe’s 2010 sales.

Full story: Adobe Releases Software to Bolster Defense Against Apple’s Jobs – BusinessWeek