Adobe acquires Macromedia.(News Analysis) From: KMWorld | Date: June 1, 2005| Author: | COPYRIGHT 2005 Information Today, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Adobe (adobe.com) recently announced a definitive agreement to acquire Macromedia (macromedia.com) in an all-stock transaction valued at approximately $3.4 billion.

Bruce Chizen, Adobe CEO, says "Customers are calling for integrated software solutions that enable them to create, manage and deliver a wide range of content and applications--from documents and images, to audio and video. By combining our development, authoring and collaboration software--along with the complementary functionality of PDF and Flash--Adobe has the opportunity to bring this vision to life with an ...

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