Mon - April 18, 2005
Big, big news
Adobe announced definitive agreement to acquire Macromedia
Both Macromedia and Adobe issued press releases
today:
Let's see: Macromedia for the web design market and Adobe for print? Is this the end of Freehand? Well, that wouldn't be too tragic, the latest (MX) release is a horrendous flop.
Big, big news.
Update: At What Do I Know, Todd Dominey voices some of the concerns that float above our heads. The end of his post is truly memorable:
So true.
SAN JOSE, Calif. - April 18, 2005 - Adobe Systems Incorporated (Nasdaq: ADBE) today announced a definitive agreement to acquire Macromedia (Nasdaq: MACR) in an all-stock transaction valued at approximately $3.4 billion.
Let's see: Macromedia for the web design market and Adobe for print? Is this the end of Freehand? Well, that wouldn't be too tragic, the latest (MX) release is a horrendous flop.
Big, big news.
Update: At What Do I Know, Todd Dominey voices some of the concerns that float above our heads. The end of his post is truly memorable:
I'm rambling somewhat, but my head is spinning and I had to get this out into words. In the end, all I can say is this -- at least it wasn't Microsoft.
So true.
Posted Mon - April 18, 2005 at 02:19 PM
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Published On: Aug 25, 2006 01:48 AM
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Published On: Aug 25, 2006 01:48 AM
