COPYCENSE

"Desktop publishing specialist Adobe Systems is buying multimedia applications maker Macromedia in a $3.4 billion deal geared toward building a software powerhouse.

"The all-stock deal, announced Monday, is designed to create a better-stocked source of tools for building and distributing multimedia content across a range of operating systems and devices, the companies said.

"They also stressed that the merger will enable them to expand more rapidly into the market for audio and video applications for handhelds and other gadgets."

Matt Hines. Adobe to Buy Macromedia for $3.4 Billion. ZDNet. April 18, 2005.

See also:
Clint Boulton. Adobe to Buy Macromedia for $3.4B. InternetNews.com. April 18, 2005.

Russell Shaw. What Adobe Buying Macromedia *Could* Mean for VoIP. ZDNet. April 18, 2005.

Paul Festa. Developers React to Adobe’s Macromedia Buy. News.com. April 18, 2005.

Paul Festa  and Martin LaMonica. Macromedia, Adobe Make Peace for Bigger Fight. News.com. April 18, 2005.

Adobe Systems Inc. Adobe — Macromedia Acquisition Announcement Frequently Asked Questions. (.pdf) April 18, 2005.

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