Adobe Donates $300 Million to Obama’s ConnectED Program

AdobeAdobe has joined President Obama’s ConnectED initiative to help bolster technology education in US schools. The company plans to contribute $300 million in software to teachers and students, including Photoshop Elements, Premiere Elements, Presenter, Captivate, and even EchoSign, which Adobe hopes will help improve schools’ administrative processes. “We believe in the power of media creation as a way for youth to express their creativity and build their skills for future success,” said Adobe CEO Shantanu Narayen. The company has also committed to providing training resources to educators across the US. ConnectED has now brought in over $1 billion in donations from tech businesses; Apple, Microsoft, and several US mobile carriers have already pledged support for the initiative. Adobe isn’t the only company joining today, either.

Read the full story at The Verge.

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Shelly Palmer

Shelly Palmer is Managing Director, Digital Media Group at Landmark Ventures/ShellyPalmer a technology focused Investment Banking & Advisory practice specializing in M&A, Financings, Strategic Partnerships and Innovation Access. He is Fox 5 New York's On-air Tech Expert and well known for his work on Fox Television's Shelly Palmer Digital Living as well as his daily radio report on United Stations Radio Networks. For more information, visit shellypalmer.com.

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