Wow, this is breaking news but is it good or bad news? Madobemedia?
Mike Chambers also announced Flash 8 for the second half of 2005. Let us hope the merge won’t effect the Flash 8 release.
What else will be effected by this marriage?
FlashPaper vs. PDF
Freehand vs. Illustrator
Fireworks vs. Photoshop
Premiere / Aftereffects will force the Flash Video development?
But we could see this coming when you look at the Flash 8 preview from Aral Balkan. The new filter- and blend-features look like copied from Photoshop 😉
Adobe Systems Incorporated (Nasdaq: ADBE) has announced a definitive agreement to acquire Macromedia (Nasdaq: MACR) in an all-stock transaction valued at approximately $3.4 billion. Under the terms of the agreement, which has been approved by both boards of directors, Macromedia stockholders will receive, at a fixed exchange ratio, 0.69 shares of Adobe common stock for every share of Macromedia common stock in a tax-free exchange. Based on Adobe’s and Macromedia’s closing prices on Friday April 15, 2005, this represents a price of $41.86 per share of Macromedia common stock.