Adobe Systems to buy Macromedia in stock deal
April 18, 2005 - 07:51 EDT Adobe Systems today announced an deal to buy Macromedia in a stock-based deal valued at US$3.4 billion, reports MarketWatch. "The terms, approved by boards of both software developers, set a 25% premium for Macromedia shares, based on the stock's close on Friday at $33.45. Macromedia holders are to receive 0.69 shares of Adobe for every share of Macromedia."
How many of you use GoLive vs. Dreamweaver? I guess we should toss Flash into that count. I wonder if Adobe will kill GoLive and pick up all the Macromedia products for the web? What do you guys thing?
April 18, 2005 - 07:51 EDT Adobe Systems today announced an deal to buy Macromedia in a stock-based deal valued at US$3.4 billion, reports MarketWatch. "The terms, approved by boards of both software developers, set a 25% premium for Macromedia shares, based on the stock's close on Friday at $33.45. Macromedia holders are to receive 0.69 shares of Adobe for every share of Macromedia."
How many of you use GoLive vs. Dreamweaver? I guess we should toss Flash into that count. I wonder if Adobe will kill GoLive and pick up all the Macromedia products for the web? What do you guys thing?