Adobe acquired Behance for $111.1 million, a transaction completed in January 2013.
Behance operates in Creative / Digital Media. Behance was an online social media platform used to showcase and discover creative work, acquired during fiscal 2013 for $111.1 million. It was integrated into Adobe's Digital Media segment and became a community for creative professionals within Creative Cloud.
Adobe integrated Behance into Creative Cloud so that members could publish customized portfolios on their own websites and plug into a large creative social network to get inspired, get feedback, and find new opportunities.
Advisory firms were not disclosed for this transaction.