Thursday, September 25, 2014

Adobe to shut China R&D as sour business climate bites | Reuters

Part of a disconcerting pattern

""The overall climate in China against Western enterprises has been quite negative and that's one of the major reasons," said the person, who declined to be identified because of the sensitivity of the issue.

The closure of Adobe's China R&D arm is also affected by rampant software piracy in the country, as well as the company's shift toward a cloud-based software-as-a-service business model and away from one-off boxed sales of software and licenses, the person familiar with the situation said."
Adobe to shut China R&D as sour business climate bites | Reuters
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