Adobe to buy Macromedia for 3.4B in stock.
Wow.
http://www.nytimes.com/2005/04/18/technology/18cnd-adobe.html?hp&ex=1113883200&en=280a5a448b99307c&ei=5094&partner=homepage
It was fairly clear Macromedia was looking to be acquired, it was just a matter of time. Adobe is a bit of a surprise, since the two companies have been at each others throats over the years. Judging by the article, it is an acquisition for Flash, and maybe Flex. Hard to say what the future of ColdFusion and some of their other products will be, but the article makes no mention of them. Thoughts?
More information:
http://www.adobe.com/aboutadobe/invrelations/adobeandmacromedia.html
http://www.adobe.com/aboutadobe/invrelations/pdfs/AdobeMacromediaFAQ.pdf