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"Murphy was an optimist!"

Adobe buys Macromedia April 18, 2005 7:14 am

Posted by djuggler in : Daily Life
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I’m a ColdFusion developer and wasn’t sure which side of the fence to ride when MacroMedia bought Allaire. I find the purchase of Macromedia by Adobe down right exciting.

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.

In their press release they spell out a very clear mission which I feel is very good news for ColdFusion developers like myself.

The combination of Adobe and Macromedia strengthens our mission of helping people and organizations communicate better. Through the combination of our powerful development, authoring and collaboration tools – and the complementary functionality of PDF and Flash – we have the opportunity to drive an industry-defining technology platform that delivers compelling, rich content and applications across a wide range of devices and operating systems.

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