Adobe and Macromedia Become ONE!

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.

Source: http://www.adobe.com/aboutadobe/invrelations/adobeandmacromedia.html

OMG damn - there goes the design and webdevelopment industry. Adobe now bypasses any rival company by at least two BIG folds.

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I was a bit surprised. Can't see there being any direct effect on us though - Hopefully not for the worst at least.

Wonder what will happen now for Microsoft’s plans for the "flash killer" - an app for longhorn (or so i'v heard/read).

Maybe this is some kind of drastic business tactic to stop Microsoft's monopolisation of the market.

Good thing i havnt upgraded to Photoshop CS2, I guess the next installment will allow much better integration with Flash and Illustrator. And I guess Dreamweaver is not far off from those fellas too. Im not sure to be excited or afraid. This can definatly lead to bloated software, just stuff it with extra things that nobody needs and just ends up chewing too much resources. Just like Microsoft Office 2003 - they stuffed it with unnecessary things that dont really help just because they ran out of things to add to an already great application.

This will definatly shape the internet world since IMHO 70% designers and web developers use a product made by either/both of those companies to produce their web based creations.

Yeah, can't see it being bad for anyone. Intergration of PS and Dreamweaver :D , File > Export to Flash. :P

Xeophex wrote:

Yeah, can't see it being bad for anyone. Intergration of PS and Dreamweaver :D , File > Export to Flash. :P

would be nice :) adding shadows and half transparant layers :D.. like coulds :) whoohoo :P

Any of you have any concern over software updates? Now that the two companies are to merge, no doubt they will have harder time to manage all software in their portfolio.

Could this have any impact over how software updates and new version releases?

I'm guessing that they hired some of the main people from Macromedia, who know about the ins and outs of Macromedia products. But yes, it could have a slight impact.

Adobe Macromedia Dreamweaver? Adobe Dreamweaver? :roll:

Lets not forget, Adobe has been throwing ImageReady down our throats through Photoshop for years. What will happen to the competing Fireworks by Macromedia? It would be waste of time and resources to release the similar software e.g. Adobe PageMill and Macromedia Dreamweaver!

There is going to be many merges and termination of some software from both parties. Its easier to combine the software by purpose and use the engineers to work on one software than 2 or 3 that do the same thing.

Thats what's bothering me regarding this news.

Yeah exactly, they probably will merge some. Tbh, who needs Fireworks and PS?
I hope they will join them to make hybrids. e.g. Fireworks + PS, Illustrator + Freehand... and so on.

BioALIEN wrote:

Adobe Macromedia Dreamweaver? Adobe Dreamweaver? :roll:

Lets not forget, Adobe has been throwing ImageReady down our throats through Photoshop for years. What will happen to the competing Fireworks by Macromedia? It would be waste of time and resources to release the similar software e.g. Adobe PageMill and Macromedia Dreamweaver!

There is going to be many merges and termination of some software from both parties. Its easier to combine the software by purpose and use the engineers to work on one software than 2 or 3 that do the same thing.

Thats what's bothering me regarding this news.

I agree for the full 100% on this.. I sure think they will skip some pieces of code.. they would be mad if they maintain some of theyr sofrware..