Recently, Adobe made its plans to follow through buying out Macromedia. I can only speculate at what this will mean in terms of what is kept and what goes in terms of software as both companies had their own versions of everything… For example Adobe GoLive and Macromedia Dreamweaver…. Dreamweaver (in my books) is a far superior editing tool than GoLive. On the other hand, Adobe Illustrator is far superior (in my books) to Macromedia Freehand. But what programs like Flash? Flash is great… Adobe has tried to make their own thing that does this (I think they abandoned it a while back though as I can no longer find it on their site). All and all, this merger has its ups and downs… what remains to be seen is exactly what those ups and downs are.
Adobe Systems Incorporated (Nasdaq: ADBE) has announced a definitive agreement to acquire Macromedia (Nasdaq: MACR) in an all-stock transaction valued at approximately $3.4 billion. Under the terms of the agreement, which has been approved by both boards of directors, Macromedia stockholders will receive, at a fixed exchange ratio, 0.69 shares of Adobe common stock for every share of Macromedia common stock in a tax-free exchange. Based on Adobe’s and Macromedia’s closing prices on Friday April 15, 2005, this represents a price of $41.86 per share of Macromedia common stock.
More can be found here.
#1 by Plurk on April 20th, 2005 - 10:26 am
I have a feeling that flash isn’t going anywhere. Flash is so commonly used these days that that would be like saying that the protocol FTP is no longer going to be used. Okay, maybe not that extreme, but someone would fill the gap quickly.
#2 by Tocsic on April 20th, 2005 - 3:49 pm
Hmm. I’d like it if somebody said that the protocol FTP is no longer going to be used. It sucks.
#3 by Plurk on April 20th, 2005 - 4:04 pm
Alright: “The protocol FTP is no longer going to be used. It sucks.”
#4 by Tocsic on April 20th, 2005 - 4:05 pm
Thank you.