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Adobe Purchases EchoSign

EchoSignA company specializing in electronic signature technology, EchoSign, has been purchased by Adobe Systems, manufacturer of the Portable Document Format standard use for digital documents.

The progress means Adobe will obtain new abilities for its document-handling software.  Electronic signatures have held promise for years for allowing people sign documents without having to resort to the paper-based hassles of scanning, faxing, and mailing, but have not completed major inroads.

Obviously, EchoSign and Adobe hope to change this.  Adobe has been working hard to entrench its products as intensely into business computing as Microsoft Office, and EchoSign is part of that effort.

Jason Lemkin, EchoSign chief executive and Kevin M. Lynch, general manager of Acrobat business of Adobe, said, “Together, our aim is to make electronic signatures the standard way for people to sign documents and automate contracting.  Adobe’s PDF solutions and document exchange services platform have helped organizations turn inefficient, paper-based workflows–like overnight envelopes–into streamlined electronic ones.”

EchoSign has a subscription service for small and medium-sized businesses and as well gives an Application Programming Interface (API) to allow companies put together the signature technology with their individual processes for sending, tracking, and signing documents.

The technology of EchoSign will be built into some Adobe products.  The executives said, “The EchoSign solution will be included with other document services of Adobe as well as SendNow for controlled file transfer, FormsCentral for form creation, and CreatePDF for online.”

The terms of the agreement were not revealed.

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