Adobe to Acquire Macromedia in Deal Estimated at 3.4 Billion

Posted on April 18, 2005 by:
Robert M. Hall, II in Default
I’m waiting to digest all the bits of information that are coming out this morning, but here are my initial thoughts:
Long term, I feel this will be a good move – as, to me its clear that this was a strategic move on Adobes part to acquire Flash and the excellent development community and relations that Macromedia has fostered. On Macromedias part, I’m sure they were thinking complimentary – more money behind Flash and its push to be ubiquitous just makes sense. I am sure there will be some casualties when the dust settles when it comes to some of the other products – well have to wait and see how things pan out on this and other issues. More important to me are the people and the culture, and attitudes of all the wonderful and friendly people I have come to know and work with at Macromedia over the years. I havent had nearly as much of an opportunity to work with the people at Adobe, but I am looking forward to it. I do sincerely hope that all my friends at Macromedia will be taken care of properly and that they can survive the bumpiness as things move forward . Best of luck to everyone!
Here are some good links on this topic:
- Mike Chambers post some good info
- Ted Patrick of PowerSDK has a good take on things, which I agree with
- Home page of Macromedia
- Adobe has a page containing all the pertinent info
Other coverage:
- MXNA is filled with posts on the news
- By 11:30AM EST 348 different articles on the news according to Google