Adobe did not say if it will be bundled as part of the CC suite, but we can expect it to go that way.
It's taken Adobe almost three years to develop this version of Photoshop for iPad, that too with lot of close coordination with Apple. It appears very similar to Photoshop on desktop, with some adaptations made for OS differences like iOS's lack of a menu bar.
Apart from that, Photoshop CC gets a new Content-Aware Fill workspace, Lightroom CC gets performance and workflow improvements, Illustrator CC now has the ability to design with photorealistic and freeform gradients, and a new rendering engine for improved render preview performance has been introduced in Dimension CC.
Microsoft has made a concerted effort to attract the Adobe heavy creative types with its Surface Studio and Surface Pro devices by leveraging its deep partnership with Adobe and tweaks both companies have made to support one another's efforts. Moreover, you can apply the same effects and filters as you would do on a desktop.
Coming with all Creative Cloud subscriptions as of today, Adobe Fonts is a streamlined service that gives you the complete Typekit font library, with a Basic collection of fonts free for those with an Adobe ID.
Adobe is promising desktop-level quality when using Photoshop CC for the iPad. Project Gemini enables artists to use and sync their favorite Photoshop brushes and works seamlessly with Photoshop CC.
With Photoshop on iPad, the application has been redesigned for a touch-based experience. The app will support file providers like iCloud Drive, Dropbox, and more.
It also allows access anywhere, enabling users to create compelling video projects - optimized for social distribution - on one device and publish from another with a consistent user experience across desktop and mobile.
Adobe is also working on a more focused drawing experience with new Project Gemini development. That said, Adobe wants to get the app out as quickly as possible, and will then update the app to add necessary features. Nonetheless, we're still glad that it will happen soon.
There's no exact release date for the app at the moment, but it will be released sometime next year. Share your views on the matter.