Apple (AAPL) confirms it has hired Adobe (ADBE) CTO Kevin Lynch. He'll be the company's VP of...

|About: Apple Inc. (AAPL)|By:, SA News Editor

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; Lynch's responsibilities will be doled out to other execs. A source tells AllThingsD Lynch wanted to be Adobe's CEO. (earlier)