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It is officially announced that Adobe has acquired Allegorithmic, makers of Substance painter and other tools for 3D textures and material creation in game and video post-production (source – press release).

Adobe acquires Allegorithmic

Adobe has promised to integrate more 3D and other immersive tools into Creative Cloud in the nearest future and to support video game creators, VFX artists working in film and television, designers and marketers in delivering innovative experiences.

Allegorithmic that was an independent development company for the 17 years, has promised no changes in licensing for current users and new subscription plans available in the future.

You can find more information on here and here