News

Macromedia’s Merger with Adobe Nearly Done

December 1, 2005

Adobe system's proposed buy out of Macromedia is about to be completed very soon.

Solution providers have said the "Macrodobe" combination Adobe's ubiquitous PDF file format and Acrobat reader and strong PhotoShop franchise along with Macromedia's robust Dreamweaver toolset for Web development and Flash player for multimedia web sites, are a potent counterweight even to Microsoft's software dominance. Both PDF and Flash are seen as even more pervasive on PCs, desktops and devices than Microsoft Windows or Internet Explorer.

The merger deal between Adobe Systems and Macromedia is valued at a lucrative high of $ 3.4 billion will pair two powerful franchises namely Adobe's professional publishing and graphics tools and Macromedia's Flash player and Dreamweaver Web toolset.

Adobe announced its all-stock transaction plan last April. The combined company plans to discuss its 2006 during a fourth quarter and fiscal year 2005 year-end earnings call December 15, according to a statement issued Thursday night.