Adobe Buys Macromedia

Apr 18 2005, 6:23am EST | by Luigi Lugmayr

Adobe Systems Inc. announced that they are to buy Macromedia Inc. for about $3.4 billion in stock.

The merger gives Adobe access to the Macromedia Flash products, the dominant animated software on the Internet, which is also expanding right now into mobile phones.
For Web designers this could also mean that Macromedia and Adobe design software will be more integrated.

Quote from the Adobe Press-Release:
"The combination of Adobe and Macromedia strengthens our mission of helping people and organizations communicate better. Through the combination of our powerful development, authoring and collaboration tools – and the complementary functionality of PDF and Flash – we have the opportunity to drive an industry-defining technology platform that delivers compelling, rich content and applications across a wide range of devices and operating systems. "
More details on Adobe

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Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.