Weekly Roundup Podcast: Mac news with no fanaticism. iPod news without the hype.
Adobe/Macromedia Acquisition to Close Dec 3
by , 11:40 AM EST, December 2nd, 2005
Adobe and Macromedia expect to have all of the regulatory clearances necessary to complete Adobe's purchase of Macromedia by December 3, 2006. The acquisition of Macromedia by Adobe began last spring, and will transfer Macromedia's product line to Adobe.
The transaction will be all stock, and Macromedia share holders will receive 1.38 shares of Adobe common stock for each share of Macromedia stock they own.
Macromedia's product line includes Freehand, Dreamweaver, Flash, and several other products that web and graphic designers use daily. The future of these products is uncertain, especially since products like Freehand, which competes with Adobe Illustrator, has received little support from Macromedia in recent years.
Dreamweaver, Macromedia's web development tool, competes with Adobe GoLive in the web design market. Both applications have strong supporters, and Adobe is not yet commenting on its plans for the future of either product.
Obtaining Flash, a web standard for delivering multi-media content to web browsers, is a big feather in Adobe's cap. The company now will control the file format, and the tools to develop for it, something Macromedia historically blocked Adobe from doing.
Adobe will hold a financial analyst meeting on December 15 at 2:00 p.m. Pacific Time to discuss the combined company's outlook for fiscal 2006. It will present its strategy for moving forward in New York City on January 31, 2006.
Adobe stock is currently trading at US$34.84, up 0.96 (2.83%), and Macromedia is trading at $48.04, up 1.54 (3.31%).
If you are interested in Apple's stock, join our forum members in the Apple Finance Boards, a moderated forum for Apple Investors and people who are interested in Apple's financial dealings. For other stories regarding Apple's stock activity, visit our updated Apple Stock Watch Special Report.
Observer Comments
Fri Dec 02, 2005 3:57 pm Subject: December 3rd, when?
Recent Headlines - Updated Wednesday, May 24th, 2006
- Wed., 7:35 AM
- XCode 2.3 Fixes WebObjects Security Problem
- 7:30 AM
- TMO Quick Tip - Contextual Menus in the Dock
- 12:00 AM
- Yummy FTP Goes Universal
- Tue., 4:20 PM
- Barcode Producer 3.8 Offers QuarkXPress 7.0 Integration
- 3:15 PM
- iPodObserver - Navio Looks to Work Around iPod's DRM Software
- 2:10 PM
- iPodObserver - Apple to Open Store in New Jersey This Saturday
- 1:55 PM
- iPodObserver - Nike+iPod Sport Kit Brings Nano Compatibility to Footwear
- 1:05 PM
- Turn a Laptop Into a More Elegant Weapon For a More Civilized Age
- 12:55 PM
- SubEthaEdit 2.5 Improves Scripting, More
- 12:10 PM
- Stone Design Introduces Videator 1.0
- 11:50 AM
- Merlin 1.3.10 Adds OmniOutliner Support
- 10:10 AM
- TVMax for Mac mini
- 10:00 AM
- DealsOnTheWeb.com - Canon PIXMA MP800 All In One Photo Printer: $228.94
- 9:45 AM
- 750GB FireWire RAID from OWC
- 9:25 AM
- SmileOnMyMac Announces TextExpander 1.3
- 9:05 AM
- MacForensicsLab 1.0 Available
- 8:30 AM
- Extensis Updates XTensions for QuarkXPress 7
- 8:00 AM
- Quark Rolls Out QuarkXPress 7 [Updated]
- 7:35 AM
- iFixit Offers MacBook Take Apart Instructions
- 12:00 AM
- G5 Drive Bracket Dropped to $49
The Mac Observer Reader Specials
- Ramjet Memory: First to Market! iMac Intel Core DDR2-667: 1Gig-$139 2Gig-$269! MacBook DDR2-667: 1Gig-$139 2Gig-$269!Click here
- Download Typestyler, still the Ultimate Styling Tool for Internet, Print and Video Graphics. Works great in Classic with a Native OS X Version on the way. Free Tryout: www.typestyler.com
- Other World Computing: The Right Memory for your Mac backed by OWC's LifeTime Advance Replacement Warranty! PowerMac G4 PC100,133 256MB $32 512MB $79.99; PowerMac & iMac G5: 1GB $109 2GB $249; PowerBook & iBook G4 512MB $49.99; 1GB from $129
- MacBookPro / MacMini / iMac Intel Core DDR2 5300/667Mhz 1GB SODIMM $89. 512MB $49. G5 Dual/Quad Core DDR2 PC4200 1GB Kit $89. 2GB Kit $179. 4GB Kit $359. New Powerbook G4 DDR2/4200 SODIMM 1GB $99. G5/iMac/MacMini DDR/ PC3200 1GB $99. PowerBook/iBook 1GB SODIMM DDR333/PC2700 $119. ATA-SATA Internal/External/Firewire Drives & More - Click to Maximize your Macs...
- Mac Gamers play online poker for Mac attop poker rooms includinga FullTilt Poker download for Mac. Mac Gamers also receiveexclusive Mac poker promotions!
- ComputerRentals.com - (877) 266-7725 | Nationwide Delivery of Apple and A/V gear for Production, Temporary Staffing, Trade Shows or Events.