Thursday, March 26, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
New HEVC Patent Pool Launched
Micron and Intel Unveil New 3D NAND Flash Memory
Amazon Cloud Drive Now Offers Unlimited Storage
Twitter Launches Periscope Live Video Streaming App
3DMark Adds API Overhead Feature-set
New HTC One M9 Goes On Sale Today
Apple Rumored To Release New iPhones Later This Year
DVDFab Loses Legal Battle Against AACS LA
Active Discussions
how to copy and move data files to dvd-rw
cdrw trouble
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
 Home > News > General Computing > Adobe t...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, April 18, 2005
Adobe to buy Macromedia for $3.4 billion


Adobe has reached a definitive agreement to acquire Macromedia for $3.4 billion in stock, the company announced today.

The deal, which has been approved by both boards of directors, will see Macromedia shareholders receive 0.69 shares of Adobe common stock for each Macromedia share they hold, Adobe said in a statement. Based on Friday's closing prices, this values each Macromedia share at $41.86, considerably above the market value of $33.45.

The top two executives at Adobe will retain their positions once the acquisition has been completed, which is expected in the second half of the year. Bruce Chizen will remain its chief executive officer and Shantanu Narayen will remain president and chief operating officer. Macromedia's president and chief executive officer, Stephen Elop, will become president of worldwide field operations at Adobe.


Previous
Next
TDK launches 23.3GB Professional Disc        All News        16x DVD+R/-R to be mainstream for DVD disc shipments
First Lawsuit In MPAA Illegal Fileswapping Actions     General Computing News      Philips disappoints with Q1 net, revenues

Get RSS feed Easy Print E-Mail this Message

Related News
Adobe Introduces Document Cloud
Adobe Buys Fotolia, Announces Creative Cloud Jump
Nokia Recalls Travel Chargers For Lumia 2520 Tablets
Adobe's Creative Cloud Hit By Outage
Adobe Delivers New Storytelling App for iPad
Adobe Announces ColdFusion 11
Adobe Photoshop CC Brings Support For 3D Printing
Hackers Stole Account Info of 38 million Adobe Users
Hackers Steal Data From Millions Of Adobe Customers
Adobe Revamps Photoshop Element, Premiere Elements
AMD and Adobe Bring New OpenCL-Accelerated Features to Adobe Creative Cloud
Adobe to Acquire Neolane

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .