Adobe to buy Macromedia for $3.4 billion

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Desktop publishing specialist Adobe Systems is buying multimedia applications maker Macromedia in a $3.4 billion deal geared toward building a software powerhouse.

The all-stock deal, announced Monday, is designed to create a better-stocked source of tools for building and distributing multimedia content across a range of operating systems and devices, the companies said. They also stressed that the merger will enable them to expand more rapidly into the market for audio and video applications for handhelds and other gadgets.

Read the rest of the article at News.com

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[SIZE=1]bugger

now im really screwed[/SIZE]

So long as they keep churning out high quality products, its all good.

nice link, i found that fairly interesting :cool:

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At least now I’ll only have to keep Photoshop up to date instead of buying PS and Fireworks.

Hopefully they’ll transfer the features I go back to fireworks for over to PS and Imageready.

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Nooo! Those Bastarrrrds!!!

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Yeh hopefully now some of the better fireworks features will feature in photoshop and image ready

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also watch for price increases, and less pirateabilities. (spelling)

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Yea Piracy roxors!
Adobe and Macromedia, what a couple, with the experience in web media from macromedia and the raw power of adobe we might have dreamweaver with integrated FireShop BS.