Tuesday, March 19, 2013

AAPL: Apple (AAPL) confirms it has hired Adobe...

6:03 PM Apple (AAPL) confirms it has hired Adobe (ADBE) CTO Kevin Lynch. He'll be the company's VP of technology, and report to wireless hardware/chip engineering chief Bob Mansfield. There's some speculation Lynch's role in spearheading Adobe's successful cloud software push may have appealed to Apple. Adobe says it won't be hiring a new CTO, and that Lynch's responsibilities will be doled out to other execs; a source tells AllThingsD Lynch wanted to be Adobe's CEO. (earlier) Read comments

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