Adobe Completes Acquisition of Macromedia
Adobe announced the completion of its acquisition of Macromedia, Inc. The transaction was finalized on Saturday, Dec. 3, 2005. The combination of Adobe and Macromedia creates one of the world's largest software companies. The move accelerates Adobe's strategic initiative to advance a powerful software platform, based on PDF and Macromedia® Flash® technologies, that scales from mobile devices to high-end servers.
This week the company will begin executing the planned integration of the two companies' operations, networks and customer care organizations to ensure a smooth transition and immediate value for customers, partners and investors. As part of the initial integration of product portfolios, Adobe announced three new product bundles that combine the design and publishing power of Adobe® Creative Suite 2 and Adobe video tools with the interactive strength of just-released Macromedia Flash Professional 8 and Macromedia Studio 8 software.
The press release states the goal of the merger; a combined company to deliver a software platform that redefines how people engage with digital information.
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