Adobe Announces Acquisition of EchoSign

On Monday, Adobe announced its acquisition of EchoSign, a Web-based provider of electronic signatures and signature automation.

Adobe said in a press release issued this morning that EchoSign’s electronic signature solution will be a “key component” of Adobe’s document exchange services platform for exchanging documents for universal access, review and approval.

EchoSign’s solution currently supports more than three million users worldwide.

The EchoSign solution will be integrated with other Adobe document services including SendNow for managed file transfer, FormsCentral for form creation and CreatePDF for online PDF creation.

“Adobe’s document solutions help organizations turn inefficient, paper-based workflows into streamlined electronic ones,” says Kevin M. Lynch, vice president and general manager of Acrobat Solutions, Digital Enterprise Solutions, Adobe. “By adding electronic signature capabilities to Adobe’s document exchange services platform, 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. “With nothing to download, learn or install, there is simply no faster or more secure way for organizations to sign, track or file contracts – and close more business quickly.”

EchoSign is based in Palo Alto, California with satellite sales offices in the U.K. and Germany.