Adobe to buy Macromedia
April 18, 2005 1:03 AM Subscribe
Adobe to buy Macromedia I almost choked when I saw this press release, Adobe is going to buy out Macromedia for $3.4 billion in stock. Adobe is paying about $9 over the current share price, which means the investors will make out nicely. With the two largest design software companies becoming one, the new Adobe will be a monopoly (if it isn't already with Photoshop). I just hope they remove the ability to make really annoying Flash movies...
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