I'm no lawyer, but I don't think statement is accurate:
Acrobat, as with all the other Adobe desktop software, is licensed to a human being - not to a computer terminal.
If a company purchases a license for Acrobat and installs it on a publicly used computer, they're not validating the EULA if more than one person uses that application on the computer. So the license is not tied to a specific person, but to a machine. Also, when installing the application it makes itself available for all the users on the machine, not just for the person who installed it.