Adobe has today announced it has acquired EchoSign, a web-based provider of electronic signatures and signature automation, for an undisclosed sum writes Linda Endersby.
EchoSign's electronic signature solution, which currently supports over three million users worldwide, will be offered as part of Adobe's online document exchange services platform. The EchoSign service also integrates with partner solutions, such as Salesforce.com and NetSuite,
By reducing the time and costs of having documents signed with traditional methods, the EchoSign solution can enable customers to accelerate sales cycles, improve tracking and centralize the management of signed agreements through a cloud service, the duo claim.
"By adding electronic signature capabilities to Adobe's document exchange services platform," said Adobe vice president and general manager of Acrobat Solutions, Digital Enterprise Solutions, Kevin Lynch, "we will be addressing the need to provide better customer experiences by significantly reducing the time, cost and complexity associated with having a document signed."
"Bringing together EchoSign's ease of use for contracting on the Web with Adobe's brand, reach and trust in the document space, I fully expect that electronic signatures will soon become the common way for people to sign documents," said Jason Lemkin, chief executive officer, EchoSign.
Lemkin continued: "With nothing to download, learn or install, there is simply no faster or more secure way for organisations to sign, track or file contracts - and close more business quickly."
Adobe said that all full-time employees at the firm will be transferring across under the terms of the deal.