04-18-2005, 02:30 PM
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Developer & Designer, News Editor Emeritus
Join Date: Aug 2006
Posts: 12,959
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Adobe and Macromedia Set To 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."
Okay, this is definitely big news! Macromedia are well-known for delivering digital media content for the web, and Adobe's acquisition of Macromedia may bring forth some exciting results. For example, tighter integration of the Acrobat and Flash technologies may appear sometime in the near future. But with all merges, there are always people on the sidelines who predict nothing but multi-billion dollar flops. Your thoughts on this one?
Update: I originally had this posted in the "Off-Topic" section, but now I believe it may be relevant to the future of mobile devices, so I've since bumped it to the "News" section. Some news companies such as Reuters are now reporting the following: "Adobe, best known for its Acrobat document-sharing software, said the deal would help it meet rising customer demand for audio and video options that are compatible with hand-held devices. Macromedia also gives Adobe access to the dominant animated graphics software on the Internet and which is also aggressively expanding into mobile phones." Will this merge spell a new wave of digital media content for PDAs? Time will tell.
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04-18-2005, 03:13 PM
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Intellectual
Join Date: Jun 2003
Posts: 191
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New wave? Doubt it. Less redundancy? Yes. It'll be nice to see each company get rid of their half-hearted attempts to enter eachothers market by simply getting the best from each.
Well now, if only Apple would buy Microsoft... that would make my day. Something tells me that won't be happening in my lifetime or any other reincarnated lifetime in the future.
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04-18-2005, 03:54 PM
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Thinker
Join Date: Sep 2006
Posts: 398
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Which system are they going to kill though, flashpaper and pdf are basically the same thing.
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04-18-2005, 05:15 PM
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Oracle
Join Date: Aug 2006
Posts: 899
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Whoa 8O 8O That is big news! I'm not sure what else to say yet...
With mergers/acquisitions increasing in the software industry, almost seems like we're going to end up with a de facto monopoly in every market (Symantec, Adobe, etc).
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04-18-2005, 05:26 PM
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Thinker
Join Date: Sep 2006
Posts: 398
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they will probably combine their products leaving out the best bits of both 
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04-18-2005, 07:54 PM
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Thinker
Join Date: Aug 2006
Posts: 359
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WOW. This is huge. More than the HP/Compaq merger, to me. Next thing we'll see is Microsoft aquire Adobe in a 2-3 years. Anybody agree?
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04-18-2005, 08:31 PM
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Thinker
Join Date: Dec 2006
Posts: 450
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Quote:
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Originally Posted by eriqc
WOW. This is huge. More than the HP/Compaq merger, to me. Next thing we'll see is Microsoft aquire Adobe in a 2-3 years. Anybody agree?
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Yes, then 2-3 years later Apple buys Microsoft. Then, 2-3 years later the Open Source community buys Apple and it goes opensource. Then, someone steals the Open Source code and Microsoft 2.0 will be born... :lol:
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04-18-2005, 09:22 PM
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Oracle
Join Date: Aug 2006
Posts: 899
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^ You almost sound like John C. Dvorak who's been continually predicting Microsoft's imminent release of MS-Linux 
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04-18-2005, 10:46 PM
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Pontificator
Join Date: Jul 2003
Posts: 1,041
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Less competition? Personally, I think this is a bad move for Adobe... Taking two great companies and merging them into usually makes one mediocre company. There's going to be in-fighting and power struggles like you won't believe.
Though, this will open the door to up-and-commers. Macromedia/Adobe isn't Microsoft big, so smaller companies do have a shot to take some market share.
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04-19-2005, 05:42 AM
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Pupil
Join Date: Oct 2004
Posts: 17
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I'm disappointed. I've been using Dreamweaver since before it was even called Dreamweaver. I much prefer Fireworks to either Photoshop or Illustrator as well, so I'm concerned that the poster who joked above that they'll probably merge their products and leave out the best parts of both probably isn't too far off.
Oh, well... I guess I'll be using the version of MX studio that I have now for quite a while.
== Sean
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Linear Mode
