Speaking at the Web 2.0 Summit Adobe chief executive Shantanu Narayen denied reports that he has been negotiating with Microsoft about a possible acquisition.

The New York Times reported last month that Steven A. Ballmer, Microsoft’s chief executive, met with Narayen. Topics covered included competing with Apple and a “possible acquisition of Adobe by Microsoft was among the options.”

VentureBeat reports from Web 2.0 Summit, “Narayen said the discussion really focused on “how we can be a great ISV” — in other words, an “independent software vendor” reselling Microsoft products.”

(ht Bryan Yeager)