Today at its MAX 2011 technology conference, Adobe Systems announced it is acquiring Vancouver-based Nitobi Software, the creator of PhoneGap.
Terms of the acquisition were not disclosed.
PhoneGap’s open source framework has been downloaded more than 600,000 times and thousands of applications built using PhoneGap are available in mobile app stores.
Nitobi was co-founded by Andre Charland and Dave Johnson - it was orginally called eBusiness Applications and rebranded Nitobi in 2006. Today's announcement states that Nitobi’s employees will be joining Adobe - no word on whether they will remain in Vancouver.
Turns our the recent KPMG study was right, US tech giants are looking to acquire Canadian companies.