![]() Adobe then met with Apple's management, seeking to shut down the Final Cut project. In response, Apple acquired Final Cut's source code and its development team in May 1998. However, as Apple had been financially struggling at the time, Adobe declined and focused Premiere on the Windows platform. ![]() Jobs had also asked Adobe Systems to provide a consumer version of Premiere that could be bundled with the upcoming iMac DV, code named Kihei. Acquisition by Apple ComputerĪpple's interim CEO Steve Jobs expressed interest in the Final Cut project after it had been shown at the 1998 NAB Show. The original 18-month plan took about 3 years before Final Cut was demonstrated at the NAB Show in April 1998. In 1995, a Macromedia board member approached Adobe Premiere engineer Randy Ubillos with a plan to develop a new video program, code named Key Grip, for faster computers.
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