Adobe to buy Macromedia for 3.4B in stock.

Monday, April 18, 2005

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

4 Comments

I can't say much but this is one big buy that will impact the industry. There were news a few years back that Microsoft was eyeing Macromedia too.

Guest - Monday, April 18, 2005 1:35:00 PM

Hmm, I know that Mark Anders is at Macromedia (along with Scott Guthrie he basically created ASP.NET) - suspect there's something interesting they haven't disclosed yet...

Scott Galloway - Monday, April 18, 2005 1:54:00 PM

It wouldn't surprise me one bit if CF was dropped...

foobar - Tuesday, April 19, 2005 3:20:00 PM

I am a cf developer, I wish it would be dropped so it would be picked up as open-source. Would receive alot more dedication that way.

Lola - Tuesday, April 26, 2005 11:56:00 PM

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