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View Full Version : BetaNews: Adobe Bolsters Flash Video with Acquisition


Jason Eaton
10-21-2006, 03:00 PM
<div class='os_post_top_link'><a href='http://www.betanews.com:80/article/Adobe_Bolsters_Flash_Video_with_Acquisition/1161375228' target='_blank'>http://www.betanews.com:80/article/Adobe_Bolsters_Flash_Video_with_Acquisition/1161375228</a><br /><br /></div><i>"Adobe on Thursday acquired video software maker Serious Magic, intended to continue its momentum in the streaming video industry. The company produces several applications, including direct-to-disk recording software DVRack as well as video tools Visual Communicator and Vlog It. After having practically no market share in the streaming video market, Flash has quickly -- and silently -- become the de facto standard for Web video. Sites like YouTube and MySpace have put Adobe at the forefront, and the format continues to gain momentum."</i><br /><br />Maybe this is the answer to the codec problems of the world. No, I don't mean the Flash format itself, we just need one company to acquire all the others companies so that we have only one file type to deal with.