This post originated from an RSS feed registered with Java Buzz by Charlton Barreto. Original Post: Adobe Picks up Macromedia for $3.2B Feed Title: charlton barreto's weblog Feed URL: http://www.mongoosesi.org/weblog/charlton/index.xml Feed Description: charlton barreto's weblog Latest Java Buzz Posts Latest Java Buzz Posts by Charlton Barreto Latest Posts From charlton barreto's weblog

Adobe has announced that it has purchaced Macromedia for $3.2 Billion in stock. "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 cross a wide range of devices and operating systems."