Adobe and Macromedia, Media future
Maybe it is old news but it's effect on media industry will be huge in the next few years.
On April 18 2005 two of the media industry leaders have joined up, Adobe announced a definitive agreement to acquire Macromedia in an all-stock transaction valued at approximately $3.4 billion.
Along the years there was always a competition between the two companies products like Adobe Illustrator vs. Macromedia FreeHand & Adobe GoLive vs. Macromedia Dreamweaver I think Adobe has won the competition in graphics applications but Macromedia has won it in web applications.
Experts opinions about this move and it's effect on the media future varies. Some of them predicting that due to the end of the competition between the two companies this move effect on the media future will be bad for the next few years, And others including me predicting that this move has a very good effect on the future of media and that the unity of the biggest two media industry leaders will result in a new generation of products combining passion, creativity, and technology.
Instead of Adobe Creative suite 2 and Macromedia Studios MX 2004 it might be united in one product I don't know maybe it is called Adobe Creative suite MX 2005.
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June 28, 2005, 06:00 AM | Web News , tools
Comments
1 | August 3, 2005 05:25 PM, Abdelrahman Osama said:
Adidas agrees to buy rival Reebok for $3.8 billion
Check it out.