CEO of Adobe Systems made a statement to a German newspaper that the company plans to stay independent with no targets to merge with any firm as the speculations in media are reporting the software maker could become an acquisition target for Microsoft.

"Adobe's growth prospects are so great that our focus is on seizing these opportunities as an independent company," Adobe Chief Executive Shantanu Narayen was quoted as saying by daily Financial Times Deutschland on Monday.

On October 7 Adobe stock jumped sharply after a New York Times report stirred speculation it might become an acquisition target for Microsoft. At Friday's close, it was still almost 10 percent higher than before the New York Times report.

The New York Times had reported that Microsoft CEO Steve Ballmer had a secret meeting with Adobe's Narayen at Adobe's San Francisco offices recently.

Meantime, Narayen told Financial Times Deutschland that Adobe is in frequent talks with all major IT companies to ensure that its products run on all types of hardware and operating systems, including Windows.