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Holy Shit

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Apr. 18th, 2005 | 02:47 pm
music: Who, The - The Ultimate Collection ( CD-1 ) - 14 - Pinball Wizard

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.

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.

By combining the passion and creativity of two leading-edge companies, we will continue driving innovations that are changing the ways people everywhere are experiencing and interacting with information.


Look at this way: Flash + Photoshop = Sex

these companies have been competing for ages
are they gonna merge freehand and illustrator?
dreamweaver and golive?
fireworks and imageready?

daaamn.


oh, on a different note, that's it. i'm going to Cal. Yeah.

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Comments {3}

Again

(no subject)

from: the_answer_is
date: Apr. 18th, 2005 09:50 pm (UTC)

I have spent the morning wondering the same things

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(no subject)

from: belt_it
date: Apr. 18th, 2005 10:19 pm (UTC)

that deaf dumb and blind kid
sure plays a mean pinball.

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Janet

(no subject)

from: limnrix
date: Apr. 18th, 2005 11:34 pm (UTC)

Woo. Berkeley.

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