Adobe offering $300M in free software for Obama education initiative

|About: Adobe Systems Incorporated (ADBE)|By:, SA News Editor

Adobe (ADBE -1.8%) is providing $300M worth of free software licenses for Pres. Obama's ConnectEd education technology initiative. The products include Photoshop Elements, Presenter (video creation), Captivate (interactive learning), and EchoSign (electronic signatures).

Aside from creating some good PR, the donation stands to increase the number of students and teachers comfortable using Adobe's software tools.