Adobe Buys Macromedia

Adobe Systems has announced that an agreement has been made to buy Macromedia for $3.4 billion.

By acquiring rival software maker Macromedia Inc. in a deal originally valued at $3.4 billion, Systems Inc. is positioning itself to do battle with Microsoft Corp over the tools to create, distribute and manage content online.

The deal, announced Monday, would put Adobe's ubiquitous Acrobat document-sharing program under the same roof as Macromedia's Flash software for creating and viewing interactive content on Web sites independent of operating systems or devices.

Adobe, which also makes the Photoshop image-editing line and a host of other programs for creative professionals and consumers, also gets the Web site-building application Dreamweaver as well as software for enabling real-time collaboration among business users.

Two software giants join together. My favourite applications include Adobe Photoshop and Macromedia Dreamweaver.

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