Monday, April 18, 2005
Adobe to buy Macromedia for $3.4 billion
The consolidation of the software industry marches on. Adobe is buying Macromedia. I'm sure the press release will talk up the deal as "synergistic" or "complementary" — they always do. It's going to be interesting to see how they mesh product lines since there's a fair amount of overlap. And one fewer independent software vendor isn't good news in my view.
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