SuperHero
Joined: 10 Dec 2003
Location: Superhero Hideout
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 Posted: Mon Apr 18, 2005 3:34 am Post subject: Adobe buys Macromedia |
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Adobe buys Macromedia
Can you imagine what will be possible once the next generation of software comes out assuming everything will smoothly integrate with one another.
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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.
Adobe, best known for its Acrobat document-sharing software, said the deal would help it meet rising customer demand for audio and video options that are compatible with hand-held devices. |
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