Adobe Systems has acquired web-based electronic signatures and signature automation provider EchoSign.
EchoSign is based in Palo Alto, California,US with a sales presence in the UK and Germany and the terms of the deal were not disclosed, though all of EchoSign’s employees will join Adobe.
Adobe said that EchoSign’s services platform for electronic signature offering will be integrated with Adobe’s online document exchange services platform for exchanging documents for universal access, review and approval.
EchoSign’s electronic signature offering will also be integrated with other Adobe document services including SendNow for managed file transfer, FormsCentral for form creation and CreatePDF for online PDF creation.
Adobe reveals that the EchoSign acquisition will offer customers a secure subscription-based cloud service that will accelerate sales cycles, improve tracking and centralise the management of signed agreements.
Acrobat users will receive a suite of cloud-based applications for document preparation and management, that will replace the process of having documents signed with traditional methods, such as fax and overnight envelopes.
Adobe notes EchoSign’s electronic signature offering service offers a set of application programming interface (API) to improve the process of sending, tracking and signing digital documents, and automates the entire signature process.
Further, the service enables individuals, small to medium-sized businesses (SMBs) and enterprise customers, with real-time visibility into the signature process and automatically store and manage all signed documents.