The Mac Observer

Skip navigational links

You're viewing an article in TMO's historic archive vault. Here, we've preserved the comments and how the site looked along with the article. Use this link to view the article on our current site:
Adobe/Macromedia Acquisition to Close Dec 3

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.

Recent TMO Headlines - Updated May 24th

Tue, 8:30 PM
How to Use Instagram Archive to Hide Old Photos
Tue, 6:10 PM
How to Use New 1Password Travel Mode to Protect Your Data
Tue, 6:05 PM
There's a $399 3D Printer on Kickstarter
Tue, 4:59 PM
No PC Maker Can 'Go After' Apple MacBooks with Good Design
Tue, 4:27 PM
Samsung Galaxy S8 Iris Scanner Already Hacked
Tue, 3:00 PM
iOS 10: Disabling Slack Indexing Might Improve Spotlight Search - Here's How to Do It
Tue, 2:11 PM
Soverin Secure Email 1-Year Subscription: $10
Tue, 1:46 PM
IKEA Says Hello to HomeKit, Apple's Diversity Boss, Huawei Targets the MacBook - TMO Daily Observations 2017-05-23
Tue, 10:22 AM
IKEA is Making HomeKit Smart Lights Affordable for Everyone
Tue, 9:14 AM
Apple and Nokia Reach Agreement in Patent Licensing Dispute
Mon, 6:41 PM
Supreme Court Just Killed Marshall Texas Patent Troll Business
Mon, 6:00 PM
Apple Plans to Change Scrolling in Safari
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!