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Adobe to buy Macromedia for $3.4 billion
“Computer document company Adobe Systems said on Monday it agreed to buy multimedia software firm Macromedia for about $3.4 billion in stock, a move designed to extend its lead in the market for creating and distributing digital documents.”
Wow! For some people, that’s like combining the best of both worlds. Adobe makes such popular software such as Photoshop and Acrobat Reader, while Macromedia makes Flash MX and Dreamweaver.
This is quite the announcement. It will be interesting to see how this will affect both companies in the future. Read the press release at Adobe, and read the posting at News.com.
Rob Williams
Rob founded Techgage in 2005 to be an 'Advocate of the consumer', focusing on fair reviews and keeping people apprised of news in the tech world. Catering to both enthusiasts and businesses alike; from desktop gaming to professional workstations, and all the supporting software.
