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Adobe buys Macromedia for $3.4 billion
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Adobe buys Macromedia for $3.4 billion
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18th April 2005, 18:53
| #1 |
| Member  Join Date: Mar 2004
Posts: 15,738
 |  Adobe buys Macromedia for $3.4 billion SOFTWARE FIRM Adobe has snapped up Macromedia for $3.4 billion. It's an obvious fit. The deal is being accounted for by shares and is expected to close by the end of this year. Stephen Elop, Macromedia's CEO will become president of worldwide field operations at Adobe. http://www.theinquirer.net/?article=22611
__________________ lazyman Opteron 165 (2) @2.85 1.42 vcore AMD Stock HSF + Chill Vent II |
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18th April 2005, 18:53
| #2 |
| Member Join Date: Mar 2004
Posts: 15,738
| With MS saying the Longhorn to be released in 2006 making PDF obsolete this move may be unavoidable.
__________________ lazyman Opteron 165 (2) @2.85 1.42 vcore AMD Stock HSF + Chill Vent II |
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19th April 2005, 07:12
| #3 |
| Madshrimp  Join Date: May 2002 Location: 7090/Belgium
Posts: 79,010
 | uhm; MS wanted PDF to be obsolete 5 years ago, and Adobe is still being used the most.
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