Adobe Inc (ADBE)

[Bull Trader]

Nvidia, Adobe among companies seen as possible Apple takeover targets, FT says
Oct 25, 2010 9:08:00 AM

There has been a great deal of speculation that Apple (AAPL) could look to make one or more acquisitions, after Apple CEO Steve Jobs said last week that the company believes it has "strategic opportunities," according to the Financial Times. Among the smaller companies mentioned as possible Apple targets are Akamai (AKAM), whose infrastructure-rich content delivery network could help Apple, according to some analysts, the newspaper reported. Arm Holdings (ARMH), whose chip design formed the basis for the A4 microchip used in several Apple products, is also seen as a possible Apple target, but graphics chipmaker Nvidia (NVDA) is viewed as a more likely choice for Steve Jobs. It is also rumored that Apple could acquire Rovi (ROVI), which licensed intellectual property related to Internet TV to the technology giant, or Adobe (ADBE), which could allow Apple's iPhone to compete more effectively with phones featuring Google's (GOOG) Android operating system. Finally, Disney (DIS) and Facebook are the larger companies seen as possible Apple targets. In early trading, Akamai rose 3.19% to $49.13, while Arm Holdings was flat at $18.42, Nvidia added 0.97% to $11.91, Rovi added 0.77% to $50.86, Adobe inched up 0.11% to $28.24, and Disney gained 1.52% to $35.50.