Adobe to Acquire Macromedia in 3.4B deal
Posted by: Peter Mularien on April 18, 2005 @ 06:51 AM
Adobe has announced a definitive agreement to acquire Macromedia in an all-stock transaction expected to be complete sometime in the fall of 2005.
Adobe's software includes the Acrobat PDF suite and Photoshop. San Francisco-based Macromedia produces JRun, a J2EE application server, Cold Fusion, Flash, and DreamWeaver.
"Through the combination of our powerful development authoring and collaboration tools", the company said, "and the complementary functionality of PDF and Flash – we have the opportunity to drive an industry-defining technology platform that delivers compelling, rich content and applications across a wide range of devices and operating systems."
Some have speculated that the combination was done to better position Adobe/Macromedia against Microsoft, whose Longhorm features (especially Avalon) would have been a serious thread to both companies.
The transaction, contingent upon the approval of both companies' stockholders, also requires the approval of federal regulators.
Is this the death of Coldfusion and JRun? Or will good things come of this merger? What are your thoughts about the future direction of the Macromedia technology stack?
Is this the death of Coldfusion and JRun? Or will good things come of this merger? What are your thoughts about the future direction of the Macromedia technology stack?