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Adobe Dented as Microsoft Mentions Competition | |
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| Time: 02:02 EST/07:02 GMT | News Source: The Street.com | Posted By: Byron Hinson | ||
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Shares of Adobe Systems sank Wednesday after Microsoft unveiled a potential rival to Adobe's Acrobat product line. The jury is still out, however, on the magnitude and timing of the competitive threat. On Wednesday, Microsoft CEO Steve Ballmer announced plans to deliver the newest addition to the Office family, called XDocs. But taking advantage of Extensible Markup Language, or XML, XDocs will enable office workers to create forms tapping different types of data from multiple sources and also send data from forms to different parts of a business. | ||
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